ZM Zoom Video Bullish PennantIf you haven`t bought ZOOM at the 52 week low:
Then you can see on lower timeframes that it has formed a Bullish Pennant with a price target to the next resistance of 239usd.
You can see a gap between 227 and 239usd, so it will be easy if it passes the 227 resistance.
Looking forward to read your opinion about it.
Zm
ZM (Zoom) Bump and RunA bump and run can be observed from the ascending channel being formed
Bump when the price moves above the channel
Run when price declines back towards the channel
This is known as a "Bump and Run"
Price can also seen to be sitting at the .5 fib level from its ATH
Good buy entry for long term
Zoom's disappointing outlook - Don't catch a falling knifeReasons for shorting this stock:
- Expected slowdown in future revenue
- Reported slowdown in new customer acquisition
- Decline in the number of small-business customers
- Failure to buy Five9
- Increasing competition with bigger names
- Multiple analysts downgrades
In the near term, I see ZM heading to $160-170 area.
Reverse Swing Trade for Small Profits#ZM seems to have touched its support zone between 250-60 level and seems to be reversing from here as seen on Hourly charts while Daily charts are still showing downtrend. This is a reverse swing trade to take advantage of small up swing for smaller profits and to test waters if Bulls are ready to take this stock higher or not.
Buy #ZM between 270-75 with SL 260 for targets 300-325-350 in next few days where it may get its resistance and that will be a good level to short this stock once again with good risk/reward.
For educational purpose only. All disclaimers apply.
$ZM short position Idea!-Looking to take/Add on a short position here looks like we broke below support and we're looking to take it down a little lower
-Now long term we're looking to take this down to $230
-keep in mind we still do have a gap to fill
-Good watch for a possible scalp
-on the hourly and 4hr we are also respecting the 9-day on the move down
$ZMThe company's name quickly became a verb as friends, family, and co-workers tried to stay connected. And Zoom overcame the unforeseen challenges that resulted from heavy consumer usage of a product that was intended for businesses.
Now that growth is coming back to earth, the stock has fallen 51% from its high last year. Despite that, there are several good reasons to think Zoom could stage a rebound. And one reason it might not.
In the second quarter of last year, Zoom saw sales climb more than 350% and customers with more than 10 users jump over 450%. That led to some issues. Management pledged a 90-day moratorium on feature development and dedicated all of its time to security and privacy. It executed its seven-point plan and avoided what could have been a growth-crushing problem.
Zoom continues to innovate. Recent announcements at its Zoomtopia conference include video voicemails, whiteboard, and live translation. It also highlighted applications for high-touch use cases like doctor visits and wealth management. Some might argue none are revolutionary. But the incorporation of all of these tools into a video communications platform makes it a compelling product for the enterprises it is targeting.
On the technical side of things ZM is currently sitting at support while it’s formed a descending triangle.
We can also see that the MACD is curling w/ the RSI sitting at an oversold level on the daily chart.
I suggest keeping this on your watchlist.
- Factor Four
Side note; Regardless of the pattern it doesn’t mean I’m bearish on ZM.
I’m actually fairly bullish long term.
$ZM key bounce/institutional entry!Zoom is bouncing... Just look at the daily candles leading up to our 3.40% bounce on friday 9/17, they couldn't have looked better than that. You also cannot ignore the oversold RSI on the daily, we have NOT seen this since the last time Bernie Sanders had a heart attack, which was in October of 2019. I love the entry here just waiting for a trigger and confirmation, the technical side of $ZM doesn't even look nearly as good as the potential fundamental side this company has in the near future. I wanna keep this short, please do your own research.
Zoom Analysis 16.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
EASY GAP FILL ON $ZM!! Possible Gap Fill Monday
- Previous THU & FRI were both green days making its way into the gap
-We can see a red open if we do we shall look for a reversal
- If we open green right off the bat we know we are clear all the way until $322.84 first PT then second PT which is the top of the gap fill which is 339.37
ZM - GRAN balance, Cotización hoy: -16%Porque pasan estas cosas ? porque si la empresa gana MUCHO mas de lo esperado su acción desploma ? Respuesta simple: El Balance es pasado, el mercado ve a futuro. Junto al balance, la empresa anuncia que espera que sus ganancias a futuro disminuyan a medida que se siga volviendo a la normalidad post covid, muchas hicieron estos anuncios, como por ejemplo Amazon. Baja exagerada ? Oportunidad de Compra ? Veamos que dice el Análisis Técnico
Hoy Desplomó mas del 16%, pero frenó en una zona de soportes dinámico interesante, era una resistencia importante en el pasado, si pierde esta zona, sigue como soporte los 273usd. Si lo vemos desde el lado de los indicadores y medias móviles, TODAS estas dando venta, aunque con indicadores en zona de Sobreventa, es decir, de precios atractivos para un rebote al menos del corto plazo.
Indicadores:
SAR: Venta
RSI: Sobreventa
MACD: Venta
Koncorde: Sobreventa ( nivel del mar )
Conclusión : Una Empresa que luego de un GRAN balance, se desploma 16%, y tiene a los indicadores anunciando precios de ofertas, creo que es interesante para analizar para un rebote, claro que con riesgo muy elevado ya que se puso en clara tendencia bajista, con un SL si pierde 273usd