Hi, according to my Zoom video stock analysis. There is a good buying opportunity. The stock exited the downward channel. And breaking the resistance at level 70. We also notice a very strong positive green candle for the daily time frame. And there it started to form an ascending channel to the top. Good luck everyone
Zoom - 30d expiry - We look to Sell a break of 68.68 (stop at 71.71) Trades at the lowest level in 34months. Price action continues to trade around the all-time lows. We are trading at oversold extremes. This stock fell 3 % last week. Short term momentum is bearish. A break of the recent low at 68.88 should result in a further move lower. The bias is to...
If you missed my other calls on ZM: Then you should know that looking at the ZM Zoom Video Communications options chain ahead of earnings , i would buy the $75 strike price Puts with 2022-11-25 expiration date for about $2.80 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
If you haven`t bought ZM Zoom Video Communications ahead of earnings: Then you should know that yesterday`s P/E was 19.96 and it`s about to improve today. Cathie Wood has already bought more ZM shares yesterday ahead of the earnings! The adjusted profits were $1.03 per share VS Street forecast of 87 cents Revenues rising 12% to $1.074 billion. Margins...
This is what I think will happen with zoom over the next few weeks. We will continue to bounce from here and potentially hit my identified reversal zone. Look at my blue and yellow fibs there for confluence. My purple fibs are my elliott wave projection fibs which are currently estimating A=C. wave C could easily head to the purple 1.618, at which point we...
Unfortunately, COVID darling ZM ZOOM looks to be headed to the 107 area and possible 100 over the next few weeks. A relief bounce could temporarily get it to the $170 range, but ultimately will fail. I'm a buyer for swing shorts on any green day.
ZM is in downtrend and near to its Fib 78% support level also at current channel bottom. Bearish Indications: 1. Lower Lows and Lower Highs 2. Big Marobozu Candle 3. Fib 78% level is 173.93 4. moving in a channel 5. AB=CD pattern if completes (target around 93)
Zoom looks bearish both technically and fundamentaly thus short opened.
Hello! Friends, - This would be a great short Opportunity, IF NASDAQ:ZM breaks down the Daily Support line at $317 (with a WHOLE DAILY Candle) !!
Looks good for shorts above green line. Stoploss above white line. Targets are lines below green. This is not financial advice. This is record keeping only.
Head and shoulders pattern. 1. Company issued more shares, retail investors cheered but more shares are typically bearish. 2. Post pandemic use will remain high, growth however seems to be diminishing, even with zoom phone. Opinion: Prices will hover around the SMA50 but fail to break higher. Prices will eventually turn towards the downside.
Look at that long, steady rise in RSI. We'll be triple-topping soon and I don't expect it to pullback and retest after it pops above $516 - next stop 525-530. If price breaks above $530, expect price action to go full parabolic similar to September 23. Sellers will be quick to jettison the second any weakness appears on the 2-min charts. Once RSI breaks above 70...
Target $440 Until Bull Flag breakout trendline holds Bear Target & Support $380 -> Break below Bull Flag Trendline
Bull Flag Target $432.5 Break Below Bull Flag Target $380
Cup & Handle Break out Target $430 - $445 Break below trendline Target $383
H&S Pattern Break below $380 - First Target $315