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jojofang0901

ZOOM Out, Bullish Opportunities

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Zoom Video Communications, Inc. (NASDAQ:ZM)  
jojofang0901  
NASDAQ:ZM   Zoom Video Communications, Inc.
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
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chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern

Hi traders:

I am also looking at ZOOM for the next bullish impulse phase.

We can see price had a strong bullish impulse up since Covid, and continue to push higher.

After reaching close to $600, naturally price begin to consolidate and correct into a descending structure.

As we know price needs to correct after a strong bullish move, the consolidation phrase begin.

The latest price action however, has manage to breakout of the continuation correction,
so would be best to wait for a lower time frame continuation correction to form and complete, then look for the next buy to the top.

thank you
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