$ZM
Added 2023-08-21 19:25:53 +0000 UTCEarnings released after the close today.
It is expected to beat earnings today but only by a slight margin.....any significant beat and this could be the catalyst we have been waiting for.
It is performing well today but has not been performing well all month and declined with many other growth stocks.
It is a tough time to report earnings but this is all part of the process.
We can see on the chart that it has hit a double bottom now from the low in July....this is in a good position to go higher and following our chart BUT they need a good earnings.....any surprises and I think we know what could happen....down into the bear case and the buy zone.
As always, be cautious with the earnings game.
I do hold $ZM and I am holding it for long term....so as long as I don't see any surprises, I will be happy.
