Zoom amid negative outlook - Analysis - 09-09-2022
Economies.com
2022-09-09 13:00PM UTC
Zoom's stock (ZM) fell and settling below 84.00, amid the dominance of the main downward trend in the medium term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI, while the stock tries to vent off oversold saturation.
Therefore we expect more losses for the stock, targeting the support of 66.80, provided it settles below 84.00.
Expected trend for today: Bearish
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