$ZM
Added 2023-08-07 18:49:10 +0000 UTC$ZM is one of my holdings that I spend the least amount of time looking at, because in terms of risk v reward, the reward favours $ZM here, we have seen over the weekend how the economic cycle of a chart looks and $PYPL has been the pin up child of that but $ZM has a very similar chart too.
The fundamentals are strong, with a lot of cash, a number of potential catalysts are at their disposal:
1. Share buyback
2. Acquisition
3. Building more products.
For its chart, the price fought to hold the 0.618 Fib at $68.52 but more importantly the price stayed above the wedge, as long as I see this, I am happy and move on.
Comments
hello any update on this? does not look strong.
Peter L
2023-08-09 14:15:08 +0000 UTCthey asked their employees to return to the office! legends !!!
Luskha
2023-08-07 21:41:12 +0000 UTC
