The data also tells us to set a stop loss 97.23 in case the stock turns against the trade. If 97.46 begins to break higher, the technical summary data tells us to buy ZM just slightly over 97.46, with an upside target of n/a.

Buy ZM slightly over 97.46, target n/a, Stop Loss 97.23 Details.

Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan. In this case, if resistance, n/a, is being tested a short signal would exist.

By rule, any test of resistance is a short signal. We should have a stop loss in place at 0 though in case the stock begins to move against the trade. The technical summary data is suggesting a short of ZM if it tests n/a with a downside target of n/a. Short ZM near n/a, target n/a, Stop Loss 0.Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan. In this case, n/a, initial resistance, would be breaking higher, so a buy signal would exist. n/a is the first level of resistance above 82.62, and by rule, any break above resistance is a buy signal. The data also tells us to set a stop loss 0 in case the stock turns against the trade. If n/a begins to break higher, the technical summary data tells us to buy ZM just slightly over n/a, with an upside target of n/a. Buy ZM slightly over n/a, target n/a, Stop Loss 0 Details.In this case, if resistance 97.46 is being tested, a short signal would exist. 97.46 is the first level of resistance above 82.62, and by rule, any test of resistance is a short signal. We should have a stop loss in place at 97.74though. The technical summary data is suggesting a short of ZM as it gets near 97.46 with a downside target of 60.77. Short ZM under 97.46, target 60.77, stop loss 97.74 Details.In this case, support 60.77 is being tested, a buy signal would exist. 60.77 is the first level of support below 82.62, and by rule, any test of support is a buy signal. This data also tells us to set a stop loss 60.59 to protect against excessive loss in case the stock begins to move against the trade. The technical summary data tells us to buy ZM near 60.77 with an upside target of 97.46. Buy ZM slightly over 60.77 target 97.46 stop loss 60.59 Details.

Source: Stock Traders Daily Longer Term Trading Plans for ZM

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