97 what?? ? $ZM dropped 7 points and that’s how it just got smashed down
Who chased that surge to 105 earlier? Now everyone’s trapped inside, right?
Honestly, market sentiment is too weird right now. US stock futures are rising, Iran sanctions are expanding, and all kinds of headlines are a mixed bag. Over at Nasdaq, the chips are still falling, and everyone is crowding into safe havens.
But with $ZM dropping like this, I actually think it’s gone too far.
Trading value of 3.2M in a single day—this kind of volume dump is most likely institutional rebalancing rather than a fundamental problem. And around 95 there’s a prior zone with heavy trading activity. The incoming bag holders at this level won’t be few.
Also, Zoom’s cash flow has always been stable. The market is now focused on earnings-versus-earnings battles like Intuit’s—who cares about a cash-cow like this?
Anyway, my view is that cutting losses here is pretty stupid. $ZM will be back above 100 sooner or later...
Who chased that surge to 105 earlier? Now everyone’s trapped inside, right?
Honestly, market sentiment is too weird right now. US stock futures are rising, Iran sanctions are expanding, and all kinds of headlines are a mixed bag. Over at Nasdaq, the chips are still falling, and everyone is crowding into safe havens.
But with $ZM dropping like this, I actually think it’s gone too far.
Trading value of 3.2M in a single day—this kind of volume dump is most likely institutional rebalancing rather than a fundamental problem. And around 95 there’s a prior zone with heavy trading activity. The incoming bag holders at this level won’t be few.
Also, Zoom’s cash flow has always been stable. The market is now focused on earnings-versus-earnings battles like Intuit’s—who cares about a cash-cow like this?
Anyway, my view is that cutting losses here is pretty stupid. $ZM will be back above 100 sooner or later...