SamSuka
The Long Investor
The Long Investor

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$ZM

In my last update we said that $ZM will likely be using the confluence level of the 50 and 200 Day MA as a potential support line, since going below the yellow trend line....and we can see here that it has done that exactly so far.....and just like what happened with $OXY, the 50 Day MA is crossing the 200 Day MA now, after it found support at this confluence level.

This behaved very positively for $OXY when this exact same situation happened, so we want to see this next for $ZM, staying above the yellow trend line and a new high is key here.

$ZM

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