Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Top "Stay-at-home" stock that is running
-Running because Zoom makes Teleconference / internet meeting software
-April 08 2020: Google banning Zoom software from work laptops due to security concerns
-April 14 2020: Zoom Clients Get New Call Controls To Choose Data Routing (to ease security concerns)
-April 24 2020: Facebook launches video conferencing , announces updates to FB and Instagram
Technical Analysis
-Intraday pattern: Rug Pull
-Levels: 158.5, 161.50, 168, 174, 177.5, 180
Original Plan / Strategy
First test short of 177.5 with half dollar and VWAP confluence
Review
Wasn't quick enough to scale in and hesitated after my first lot so I only got in with one lot. took 1 point of profit
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-24 09:57:54 | ZM | sell | $177.280 | short |
| 2020-04-24 09:57:54 | ZM | sell | $177.280 | short |
| 2020-04-24 09:58:43 | ZM | buy | $176.250 | 0 |
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