TRADING TIPS

ZM Buy or Sell?

Hubert Senters here. I’ve had some questions about Zoom and if it is about to sell or do we add to position it for very long? Depending on what you’re trying to do. Obviously, it’s still above the cloud. It’s above the turning line. First line of defense on a pullback to buy would be right now in this area of $458 so. If you’re a pullback buyer on Zoom and you like the uptrend and it would be a buy at $458. Second better place in my opinion would be to buy at $401. The reason I don’t like buying the turning line sometimes, sometimes the turning line is the fast line. But it’s not the best support in the world because it’s so close to the price action and with the volatility with the markets from my money I would rather buy at $401 then to buy at $458. That implies it’s going to come down here about $65 in order to play with that. That’s ok. I’m cool with that. I’ve been asked to speak at the Wealth 365 event. The election multi-speaker event.  I’m going to HYPERLINK you over here to the registration form. Good luck. Hope it helps. See you on the next video. Hubert.

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