$ZM Swing Setup – Fib Expansion + Recovery Arc🔍 NASDAQ:ZM Swing Setup – Fib Expansion + Recovery Arc
Zoom is entering a Fibonacci golden arc setup, bouncing off key support ($75.60) and aiming for a multi-leg move back toward structural targets.
Trade Thesis: A successful reclaim of $85–88 range can propel NASDAQ:ZM to $105–109 with a final fib target of $122 if volume confirms.
Risk: Break below $72 invalidates the recovery arc.
🧠 WaverVanir DSS Score: 7.4/10
📌 Targets:
TP1: $85.00 (safe swing exit)
TP2: $96.24 (measured move)
TP3: $108.99–$122.53 (macro extension targets)
⚠️ SL: $72.30 | RR: 3.5:1 | Timeline: 30–60 days
#Zoom #ZM #Fibonacci #WaverVanir #Options #SwingTrade #AIQuant #TradingView
🔍 Chart Overview
Ticker: ZM (Zoom Video Communications, Inc.)
Timeframe: Daily
Chart Tools: Fibonacci retracement & extension levels, projected Elliott-style wave structure
📊 Current Price
Current Price: $77.57
Key Support:
$75.60 → Previous pivot low (likely acting as short-term support)
$72.30 → Golden Pocket zone (high probability bounce area)
Key Resistance Zones:
$85.00 → 1.0 Fib retracement (former high)
$88.35 → 61.8% retracement of previous drop
$96.24 → Full 100% retracement
$105.78 → 1.272 extension (strong resistance)
$109.01 → 1.618 Fib extension
🧠 Technical Structure & Path Forecast
A potential ABC impulse wave is drawn in red:
Leg A → Target ~$92–96 range (50–100% retracement zone)
Pullback (leg B) → ~$88–90 support retest
Leg C rally → Major resistance at $108.99, possibly extending to $116.91 or $122.53 in a blow-off top
Confluence Targets:
$105.78 (1.272 extension) aligns with a major Fib cluster and resistance zone
$109.01 (1.618 extension) also aligns with previous structural highs
Final target ~$122.53 (2.272 extension) is ambitious but possible under bullish macro conditions
⚠️ Risk Management
Stop-Loss (short-term): $72.30 (loss of this level invalidates the bullish thesis short-term)
Entry Zones:
Swing long: $75.60–$77.50 (ideal accumulation range)
Momentum entry: above $85.00 (break of structure)
Downside Risks:
Break below $72.30 opens the path to $67.00 and possibly lower
📈 Probabilities (Based on WaverVanir DSS)
Target Level Type Probability
$85.00 Local resistance 80%
$96.24 Measured move 100% 68%
$105.78 1.272 Fib extension 55%
$109.01 1.618 Fib extension 45%
$122.53 2.272 Fib extension 25%
