ZOOM
Zoom out and you will understand...73b for a video service????? come on get serious
1. Easy to copy paste it
2. How much money do you expect companies to spend on video service over long term?
Waiting for RSI divergences on multiple timeframes, there is a chance it will go up to 100b and then the real fun will start... with 2 hands & 2 feets i am going to short it there without a stop loss...
$ZM Pushing For New Highs | Options PlayTechnical Analysis of $BA plus this week's option play.
Zoom says added over 100 features as part of 90-day security plan
What we are looking for:
Breakout & hold from $262; These last few waves have been consistantly $20 per leg, looking for $279 next.
Retest of $254 providing a great entry, then breakout of $262
The Play:
$280 Call 7/17 @ $410 per contract
- I plan to grab one to get my foot in the door, will grab more if we come down and respect support
This is not financial advice nor am I a financial advisor
DotcomJack
$ZM Potential Breakout | Options Update$ZM Zoom looks for a potential breakout by EOW.
Cramer believes Zoom is a stock that can thrive even if the coronavirus continues to rise in states in the U.S. moving forward.
My Play once we break and hold above $254.90:
TP: $269 (7% leg up)
- ZM call $265 7/2 @ $535 per contract
or grab time...
- ZM call $280 7/17 @ $620
Do not trade this, I'm waiting for confirmation prior to entry. This is not financial advice.
DotcomJack
Not the time to SHORT ZM yetZM is still very much on the bullish side of the trend line and the next few days will decide if it makes or break.
Watch the 244.03 mark. If it fails to break above that mark in the next few days, it's a long way down for this boy.
Either way, I WILL NOT RECOMMEND to LONG ZM at this point as the risk/reward ratio not great and the p/e ratio of >1300 is just plain insanity. I will continue looking for a good Short entry.
Good luck everyone
Lines Legend
1. Horizontal lines: Used to mark out major resistances and support based on points with larger trading volume (buy & sell), as well as any gap(s).
2. Diagonal lines: These are trend lines to mark out the price points that would if the stock is still bullish or bearish
Technical indicators used
1. VWAP
2. EMA
3. RSI
Setting the zoom level of chart for best fit in one viewSetting the zoom level of chart for best fit in one view
1- Alt + R or rest chart
2- Press the (zoom out) (-) button five times
in my opinion this is the best display of the chart
how do you set up?
share in comments.
test this setting and comment me if you like it.
Encourage me by pressing like button.
Zoom Video Communications Technical AnalysisBased on Technical Analysis:
Wait Before going long as a possible setback/price retracement might start.
Wait the resistance will be broken before going long.
There are concerns about a second wave of COVID-19, that generally, it is not good for a global economy.
HYPOCRISY OF REGULATORS!!Hi Everyone! It has been a while since I have posted! I have been sitting in the side lines and watching how things were playing out. The call for sitting on the side lines, was due to deciding that the uncertainty caused by the corona virus weighed more than the Fed printing machine in my head. Yet still to this day I stand with my decision, and seeing, Warren Buffet, sitting in the side lines with $138 billion cash and equivalent on hand makes my decision more justifiable. Yet I see a lot of people who believe we are back on track, since the markets are all most back at all time highs. And I do hope that I have made the wrong decision that I have made the wrong decision. However, I do not believe we have bottomed and done with this crisis. I do not want to state the obvious and go into arguments between Fed actions and unemployment rate and so on. Yet I want to focus on what are companies doing.
The other day Wells Fargo decided to stop accepting loan applications from independent car dealers. This basically indicates that they believe that these loans will most likely default and they don't want any exposure to it. Another news is credit card companies are lowering card limits. This is another indication that companies believing that people wont be able to pay money they have borrowed, and do not forget these are the people who they have approved, the limits they had. Even though there are plenty news like these, the one that catches the eye is regards new stock issuance. In April U.S. companies sold around $20 billion. These number has spiked to $60 billion in May. They are taking advantage of the rebound and unloading their shares to retail investors who believe the worst is behind.
Lets come to the headline. Before stating anything just want to say that if I would have to I identify as anything, I see my self as Darwinist. Let natural selection do its job and do not intervene. That being said if regulators intervene when price drops more than 7% and puts in circuit breakers in place, to protect investors from panic selling; they should also put in circuit breakers when a stock increase more than 7% a day to prevent panic buying, A.K.A FOMO. You do not need to dive in to ZMs 10K and do a deep dive to understand something is off. Just look at its PE. Its PE ratio is 1300!!! It means that if you buy it today and it keeps making the same amount of money for ever. You will have to wait 1300 years for it to make that money. If it multiples its earning by 10, that still gives you 130 years. Yet I see people posting "BUY THE DEEP" after todays loss. The hype might continue, however it will be a hard thing to watch when it falls.
The only thing that I could say to you guys is...
As always this is not an financial advice , this is just a thought!
Stay safe,
$ZM - nice demand zone on the hourlyPrice screamed away from the $168 level which tells me there could be a lot of un-filled buy orders at that level (demand). Price has yet to approach this level again and when it does I will trigger a buy order. My take-profit will be at least 3 times my stop-loss (red line).