It is always great when you can check all of the boxes on a nice set up on your chart. The icing on the cake is when the options are pretty cheap and allow you to get in at a lower price. When you zoom in on this chart you can see the reliable MACD crossover and a break above recent resistance to confirm the momentum

In addition it has the RSI at 50 heading up and that all makes the options look even better at about $5.40.

Here is the chart and the ticker.

Momentum is shifting hard and the traditional indicators are simply not keeping up. If you are looking to spot real moves that avoid getting caught up in the headline ticker meat grinder, you need to know the new momentum rules. Here is a way to get up to speed quickly.

Zoom broke above a recent high yesterday and is likely to extend the move up. The Nov 20 95 calls are right about $5.40 and look like a heck of a bargain.

The move looks like it is driven by a favorable response to new features on the platform that better leverage the huge investment in AI. Traders seem to be responding more and more to companies displaying how they are actually generating revenue from all of this AI investment and Zoom is focusing on further embedding their platform into companies daily routines.

All positive stuff. We are going to be watching this and will keep you posted.

Keep learning and trade wisely.

John Boyer

Editor

Market Wealth Daily