Zoom Video Communications (ZM), a COVID-19 darling and post-pandemic dog, is considered a prime opportunity for bulls to profit next week. Cute Part: ZM Up from $60.97 in October 2019, pre-pandemic, to $588.84 in October 2020 (+$527.87… +865%) Dog Part: ZM Down from $588.84 in October 2020 $55.06 in August this year (-$533.78… -91%) Part Now: ZM is believed to be in the throes of a bearish to bullish reversal, with completion of the bottoming-out process expected to mean a move to 95+ / – level. The two identical charts below tell the story. The trend line is here: we are the buyers here. -Carter Braxton Worth For actionable advice via email and nightly live videos, become a member at worthcharting.com Disclosure: (none) All opinions expressed by CNBC Pro contributors are theirs alone and do not reflect those of CNBC , NBC UNIVERSAL, their parent or affiliated companies, and may have been previously disseminated by them on television, radio, online or other media. The above is subject to our Terms and Conditions and Privacy Policy. This content is for informational purposes only and does not constitute financial, investment, tax or legal advice or a recommendation to purchase any security or other financial asset. The content is general in nature and does not reflect any individual’s unique personal circumstances. The above may not apply to your particular situation. Before making any financial decisions, you should strongly consider seeking advice from your own financial or investment advisor. Click here to view the complete disclaimer.
