SamSuka
The Long Investor
The Long Investor

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$ZM

The prodigal son continues to deliver and a great earnings to add, with a 17% increase on earnings and a positive guidance. In our last update we mentioned that a pull back will be healthy regardless of the outcome from the earnings, as long as it wasn't a bad report, so a pull back here would be very good and I will add if we can get close to the blue line again for support. 

After the earnings released yesterday, this went all the way up to the 200 Day MA at $76, a massive jump from $60 at the start of May.

$ZM

Comments

The count is still valid.

Gareth Neary

We’re all the way back down to $62. Taken an absolute beating over the last 24 hours. Still think this follows the trend up?

Craig


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