Shares of Zoom Video Communications (ZM) are falling again, down 27% in one week. As the reopening trades and value names take the lead, investors are dumping stocks that thrived during Covid-19. So, what is the price where investors should look to buy Zoom? Based on the stock chart analysis, the technical support is $280.00. The stock could have a bounce back to $325.00 off this major level. Always remember, when everyone else hates a stock and is dumping, when the technical levels also align, the stock will bounce. This is the level for Zoom.
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