Wednesday 3 March 2021

Zoom - Profited $6137, Lost $1021







Superb trade in Zoom as my student bought before the results and managed to profit $6137 but lost $1021. Zoom released results and the stock shot up. My student got in 1 day before the results and luckily he sold off yesterday as the stock gap up on good earnings but later got sold down 9%. The key is to know where retailers are chasing and where big players are looking to sell. As you can see the most active stocks, most stocks tumbled and zoom was not sparred. Gap up 9% and tumbled 9% which totaled to 18% one night. I am pleased at least he still made profits and got out of the trade. Sometimes it's not about how fundamentally sound the company is, as long as the market momentum shift, everything will follow with the big trend. Looking to do the next trade with you soon.

Ron K - A Game Changer