We therefore hold a negative evaluation of this stock. Zoom holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. Our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance. Since the stock is closer to the support from accumulated volume at $74.73 (3.52%) takes out the full calculated possible swing range there will be an estimated 9.34% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-$3.62 (+/-4.67%) up or down from last closing price. to open at $77.68, and during the day (based on 14 day Average True Range), Trading Expectations For The Upcoming Trading Day Of Monday 7thįor the upcoming trading day on Monday, 7th we expect Zoom Video Communications, Inc. No stop-loss is set.Īlso, this stock might be very well worth checking out! * > We hold a negative evaluation for this stock. For the last week, the stock has had daily average volatility of 4.93%. During the last day, the stock moved $3.91 between high and low, or 5.15%. This stock has average movements during the day and with good trading volume, the risk is considered to be medium.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |