Zoom Video (ZM) was last reviewed on October 21 where we wrote that, "If you own a stock that is up 10 fold in less than a year you need to calmly exhale and TAKE PROFITS especially when it is extended like ZM." With prices down sharply today it seems like a good juncture to review the charts again.
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We are no longer in a bull market that will forgive our mistakes, so take precautionary measures. Here are a few I recommend.
Welcome to the 'new' old world -- the world we had before all the new people and their money came into the market.
Here's where I would consider getting long.