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2 years ago
The employment market continues to tighten more and more each year, leading to skilled workers becoming an increasingly expensive commodity. On the opposite side of the spectrum, the work environment continues to evolve rapidly into the new decade. No longer is it a necessity to commute one hour to and from work; only to sit alone within a generic workspace, such as a cubicle or an office. The evolution of high-speed broadband has changed the lives of many in search of a better work life balance. No longer are workers hindered by family, location or commitments to apply for their dream job. Companies now see the advantages of working from home, as it reduces costs significantly for both parties. zm
Technology has also given companies the ability to entice stay-at-home parents to rejoin the workforce. This is all made by possible by innovations, like the one’s provided by Zoom Video Communications, Inc. (NASDAQ: ZM). Home and office video conferencing has been taken to a much higher level , and for a very affordable price.
Short-term – $76.00 – Horizontal resistance.
Medium-term – $85.00 – Fibonacci and horizontal price-level.
Longer-term – $42.21 – Golden pocket resistance.
ZM has just broken above .236 Fib level and while the market remains strong, it looks like it may be a very good time to enter.