After looking at Zoom Stock Price and analytics, expected behaviour is when revenue & profits go up hand in hand while cutting costs, share prices tends to follow.
Price fell from 500 to nearly 100 in the same course. Technicals actually produced better exit signals in this case. This reminds me of reflexivity theory of George Soros.
Question is why bother with fundamental analysis at all when it seems more voodoo (subjective) than astrology. One can always create bull or bear theory with whatever data they can find to fit their bias to lure people into buying anything? There seems to have 200 different strategies to value 200 different sectors in 200 different phases of economic cycle
submitted by /u/m0rn1ngst3r
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