More Room For ZM short
Hello! New trader here (About 11 months in) I believe sharing my analysis can be the best tool for me to take it to the next level. There are great traders on this platform that one can learn from and I am looking forward to that!
More on the subject, ZM broke 250 Support and heading down to close that gap. Short term I see it going for 325 before possible further downside. The next level would then be 273. Also broke a weekly trend (Green Line). Looking at RSI, still not in oversold territory and did make a new low from the previous low which can indicate continuation of downtrend.
Share your thoughts below! :)
ZMZM
More on the subject, ZM broke 250 Support and heading down to close that gap. Short term I see it going for 325 before possible further downside. The next level would then be 273. Also broke a weekly trend (Green Line). Looking at RSI, still not in oversold territory and did make a new low from the previous low which can indicate continuation of downtrend.
Share your thoughts below! :)
ZMZM
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