Zoom - 30d expiry - We look to Sell at 77.77 (stop at 82.43)
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
The primary trend remains bearish.
The stock is currently underperforming in its sector.
20 1 week EMA is at 78.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 66.10 and 64.10
Resistance: 72.17 / 78.00 / 81.50
Support: 68.00 / 66.00 / 63.55
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