$ZM
Added 2023-08-31 15:33:43 +0000 UTC$ZM is comfortably above the 50 Day MA here on the daily chart which is great to see.....now the big test comes, getting above the 200 Day MA at $70 on the daily chart, this is a very important one.....twice in July this broke above this level, with a very convincing break out but failed to hold on the second test of the 200 Day MA from above.....this is as difficult as they come because this is the daily chart, so it is a longer time from and for $ZM to lose support on the second test, it was a difficult call to make.....that being said, it changes nothing for me in terms of where this company is going and the chart having a lot more upside.
Getting above the $70 level will be important and the next test will be getting out of this yellow channel again.....I will be keen to add again once I see $70 held.
