Yurii is an Ex-Prop Trader & Fund Manager for UK & Swiss Institutions who specialises in trading US equities
$ZM (Zoom Video Communications Inc.) is an interesting company that IPOed last year. Currently it is ina momentum move and might present a short-term trade for a couple of days or weeks. It has formed a bullish flag from its previous momentum move and is tightening. Also its gapping today to 91.00. Make sure you have stops as some resistance at the top of the channel and 96.00 area.
Earnings – March 4th AMC.
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Remember: These are not trade recommendation to buy or sell securities. Always do your own due diligence and trade at your own risk.
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