22 Aug
22Aug

Zoom just posted a powerful +9.62% daily gain, closing at $79.73 — decisively breaking above the descending trendline.

Key Levels:

  • Breakout Zone: $69.69 (now confirmed support)
  • Target Zone: $108.01 – major resistance and potential upside target

Narrative:

“Will we see Zoom breakout and eventually push for $108?”

The EUR chart already confirmed the breakout — now the USD chart is catching up. Momentum is building, and the next few sessions could determine whether this rally has legs.

Catalysts to Watch:

  • Post-earnings sentiment (last report: Aug 19)
  • Broader tech sector strength
  • Volume confirmation (currently missing)


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