$ZM
Added 2023-09-29 11:39:14 +0000 UTC$ZM has been feeling the heat like every stock this month but still holding important Fib levels and managed to hold the 0.78 Fib level at $66.34 for this pull back.
We know the plan here, we want to see this hold on the outside of the channel (at $71 now).....so if the market decides to reverse shortly, this will likely benefit from that reversal too and buyers frantically look to undervalued stock.
First we want to see this get above the 50 and 200 Day MA's at $69.50, making a new support level here is a good start.
