ZM Long

١٢ ديسمبر ٢٠٢٠

Closer look at this stock. No SL for them, just assertion as to where price might rally. We see that price did a pullback to the down side due to economic calendar news release. Price action has created a double bottom, implying market to rally up. Price has completed the incomplete double bottom which still needs a break out from the neckline. Buy position should be taken once price comes back to retest the breakout area support with a sufficient price action rejection of the same before entering on a BUY.