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ZM forms Shooting Star Candlestick on August 3
On Monday, August 3rd, ZM moved up 2.23% while volume was to 0.7× the usual levels. Multiple bearish signals emerged — Shooting Star, Shooting Star Candlestick & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 97.03, 95.86 & 94.38, with resistance at 99.69, 101.17 & 102.34. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ZM: B
More technical signals and insights for ZM → Visit SwingTradeBot.com
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