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ZM forms 200 Day Moving Average Resistance on June 22
ZM closed down 2.34% on Monday, June 22nd, with volume running 1.1× above average. Multiple bearish signals emerged — 200 DMA Resistance, Lower Bollinger Band Walk, Slingshot Bearish & Reversal New Lows Setup — suggesting potential weakness ahead. Key support levels exist at 82.29, 80.23 & 77.52, with resistance at 87.06, 89.77 & 91.83. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ZM: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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