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Is ZM showing upside potential? Crossed Above 50 Day Moving Average shows up after gaining 4.06%
ZM posted a 4.06% gain on Friday, July 31st, accompanied by 1.1× normal trading volume. Multiple bullish signals emerged — Crossed Above 50 DMA, Stochastic Reached Overbought, MACD Bullish Centerline Cross, Expansion Pivot Buy Setup & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 92.68, 89.3 & 87.46, with resistance at 97.91, 99.75 & 103.13. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ZM: B
This might just be the start. See what else showed up for ZM today.
Read full article here »