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Zoom Communications at Week 7: 2 Targets Hit, Confirmation Turns Bearish

Buy signal at week 7 with 2 targets already hit. The confirmation week closed bearish: the model suggests caution and considering an exit. IQS Phase 58, strength 66 out of 100.

In Summary
Zoom Communications is at week 7 of a buy trade opened in the 82 area. The model has already hit 2 out of 3 targets, in weeks 4 and 5. The confirmation week, however, closed bearish and the buy signal is fading: discipline suggests considering an exit from the position.
Open BUY ·7th week from start ·US stocks ·T1
IQS Phase
58
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#96 / 170
US stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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