StockFetcher Forums · General Discussion · Let's Play "The Falling Knife" Game<< 1 ... 2 3 4 5 6 ... 17 >>Post Follow-up
karennma
8,057 posts
msg #156948
Ignore karennma
6/8/2021 10:46:37 AM

Back down.
Honestly, sometimes I don't want to post anything because I think something will JINX my comment.


styliten
345 posts
msg #156949
Ignore styliten
6/8/2021 5:13:07 PM

Looks like a slow recovery:



Mactheriverrat
3,178 posts
msg #156950
Ignore Mactheriverrat
6/9/2021 1:46:00 AM

Well ZM is trying to bust through resistance down trend line. Guess we will see what the market has in store for it.


Cheese
1,374 posts
msg #156953
Ignore Cheese
6/9/2021 11:27:58 AM

Here is a clever "Go To" ZM chart by Joseph Kelly.
It shows where Support levels become Resistance, and vice versa
https://stockcharts.com/public/1993733/chartbook/786677827

Mactheriverrat
3,178 posts
msg #156955
Ignore Mactheriverrat
6/9/2021 1:59:45 PM

Thanks Chesse!!!!

Cheese
1,374 posts
msg #156959
Ignore Cheese
6/10/2021 3:26:32 PM

so Mac was right about ZM short-term up trend.
Hope it will go to 350 to make karennma happy.

Mactheriverrat
3,178 posts
msg #156962
Ignore Mactheriverrat
6/10/2021 11:36:21 PM



karennma
8,057 posts
msg #156964
Ignore karennma
modified
6/11/2021 8:30:51 AM

Crossover confirmed.
Can someone look at this chart and explain to me how this person got a "PT" of $1042.50?
Nowhere on the chart itself do I see any indication of such a "PT".

https://www.tradingview.com/chart/ZM/amMoFEt5-Wyckoff-daily-reaccumulation-on-ZM-PT-1042-50/

Edit:
@ Mac,
Thanks for the updated chart.




nibor100
1,103 posts
msg #156967
Ignore nibor100
6/11/2021 10:42:24 AM

@ karenma,

regarding the TradingView chart, I suspect the PT, I'm assuming Profit Target of $1042 was calculated taking the distance from some recent low to the Oct High and adding it that high to get a maximum PT.

Just guessing here,
Ed S.

karennma
8,057 posts
msg #156969
Ignore karennma
6/11/2021 12:17:54 PM

@nibor,
"Profit target" ???
I thought she meant Price Target.



StockFetcher Forums · General Discussion · Let's Play "The Falling Knife" Game<< 1 ... 2 3 4 5 6 ... 17 >>Post Follow-up

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