Communications Gapper

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Updated: 11 February 2020

$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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