
YOU LOVE ZOOM VIDEO BUT IT IS TIME TO SELL THE STOCK
Zoom Video (ZM) reported earnings better than the consensus but less than the whisper numbers. This is suitable only for super aggressive highly experienced investors as the risk is very high.
The short zone is $436 to $468. The maximum position size is 10% of full core position size. ZM is trading at $445.61 as of this writing in the aftermarket. The stop zone is $483 to $503. The first target zone is $370 to $392. The second target zone is $300 to $337.
Note: those desiring higher quantity may consider Trade Around positions with very tight stops and closer targets.… Please click here or the title below to read more.