RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
(2020-04-11, 11:42 AM)shaunattwood Wrote: ZM pulling back to 120 from recent BO @ 105 on huge volume that saw 165
Who isn't using Zoom now?
Video chat is definitely a big theme right now. So ZM has potential as one of the new leaders when the market eventually moves back to Stage 2 and has pulled back to a zone of multiple support.
The company I work at went with Skype though instead of Zoom, which is owned by Microsoft (MSFT). But ZM is definitely experiencing massive growth in users. So I think the whole sub sector is worth a look and other areas related to needing to work from home. i.e. here's a few others I'm watching along those lines: DOCU, OKTA, MSFT, AMZN, NFLX, WORK, TEAM, ZS, NET
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.