Will These Stocks Pop Like ZM This Week?

Hey team,  Zoom (ZM) crushed it's earnings expectations yesterday. The company reported sales of $663.5 million, which handily beat the anticipated $500.5 million. And unsurprisingly, investors liked the sound of it.  The stock hit a record high, which capped off a rally that's amounted to over 350% already this year.   While I don't typically buy a stock and hold through earnings, I was fortunate enough to take some sweet triple-digit gains on the runup.  Could it go even higher from here? I most certainly believe it will, though in the short term the stock is looking a little overbought.  The classic relative strength index indicator (RSI), which measures stock price change momentum, is nearing 80 for ZM… signaling it's "overbought." I'd wait for the pullback to the 50 day moving average, since every time it bounced off that indicator over the last 5 months, it's rebounded to new highs.     While ZM may not be on my watchlist today, I have my eyes out for sympathy plays in two other work-from-home stocks that also have earnings this week.  They could provide quick profit opportunities if they play out just like ZM.    Continue reading…   Ben Sturgill  DailyProfitMachine.com       What's Better Than Receiving An Alert From Kyle Dennis? Trading Alongside Him—LIVE Join Kyle At 3:30 PM Each Day Discover How     *Past performance is not necessarily indicative of future trading results, and the results presented in this communication is not necessarily indicative of future results, and the results presented in this communication are not typical. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 Click Here to stop receiving emails from ben@dailyprofitmachine.com Unsubscribe from all RagingBull emails DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securitiesregulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and itsemployees may purchase, sell, or hold long or short positions in securities of the companies mentioned inthis communication.