This level seems to be a good place to buy but marrkets may remain irrational due to bad sentiment, inflation & geopolitical tensions. Technically, ZM may first consolidate & create a bottoming base coz ma20 is still far above. Investors may find this zone attractive to accumulate some shares. Zoom meetings are not going out-of-style yet even after pandemic. Not trading advice.
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Sorry guys wrong chart but I will re-post ZOOM chart. I got confused coz IBB Biotech also share same narrative.