Zoom Communications, Inc.

Is $529.74 the high for $ZM & End of Wave 5 and parabolic curve?

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Last time when I predicted $868, I considered Wave 2 as Wave 1 due to its impulsive action. When I recounted, I realized that I counted wrongly.

You can see the sub wave count clearly for Wave 3 & Wave 5 (Maximize the chart) in the chart.

Also, ZM bounced huge at 0.382 & 0.618 Fib levels and parabolic curve topped at $529.74. 1 Week RSI & Stochastic RSI Oversold.

However, due to low selling pressure, low liquidity & higher manipulation we have to watch whether the Cup & Handle plays out or not.

Next week we'll get the confirmation.

Good Luck.

Aviso legal

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