TAKE PARTIAL PROFITS ON ZOOM VIDEO AND CHANGE THE STOPS

Zoom Video (ZM) was sold short at $445.61.  Target zones and stop zones are given in advance when an entry signal is given.  ZM fell as low as $394.57  the day after  ZM stock was sold short.  The upper band of the target zone was $392.

What To Do Now

The stock has bounced.  Those who have not taken at least partial profits may consider taking partial profits in the zone of $406 to $418.52. ZM is trading at $415.07 as of this writing.  Consider changing the stops on the rest to the zone of $331.61 to $333.88.

This post was just published on ZYX Short Sell Change Alert.

 

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