ZOOM
zoom in on ZM
From what I think is reasonable, there is disclosed chart for your consideration.
Waiting for the Q2 EPS.
Can expect institutions to start taking profits now with small sell-offs.
4-6% jump for a few minutes after the earnings call and then a 13% decline, till the potential BUY levels.
Although, the US protests are not a direct threat to ZM, still keep your eyes on it.
14% unemployment is about to kick in.
Twlo bounce play
What is TWLO?
Twilio Inc ., together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. Its customer engagement platform provides a set of application programming interfaces that handle the higher level communication logic needed for nearly every type of customer engagement, as well as enable developers to embed voice, messaging, and video capabilities into their applications.
Entry $180
Target 185
stoploss 177
Why Zoom doesn't benefit from a vaccine.Zoom has benefited greatly from stay-at-home ordinances. Considering that the SPX and major indexes have been very bullish today at news of a possibility of a vaccine, Zoom is not reacting with major movements one way or another. This news of a vaccine however is most likely nothing more than hype and excitement, so I'm tempted to switch my short to long if Zoom re-enters the trendline. Set your stop-losses tight, within 5-10 dollars of market price to be safe.
This popular video conferencing app that is likely to follow a similar trajectory as Skype. Currently Zoom is free and ad-free, but if the company gets desperate for revenue they may implement advertising. In TA the weekly graph breaks its trend line, this does not bode well with the upward trajectory the company has been experiencing.
The price per ZM is very expensive thanks to the virus making their application the favorite for teachers and business conferencing. I still think Zoom has potential to continue to be a major player in the conferencing application market so make sure to set stop losses if you go short. If the stock price rebounds into the weekly trend line it may be an indicator to switch to long.
I do not recommend playing this market if you don't want to take high risk. The price can move roughly 20-30 dollars from where it currently is.
Good luck and happy trading.
Tesla May Rip Toward $1000Yesterday, U.S. equities closed in the positive after posting losses early in the trading session. It was an impressive rally off the lows, with strong buying across the board. Notably, market leaders such as Tesla and Zoom were able to hold support during the decline, further cementing the bullish case for more gains in the coming weeks. This morning we look at Tesla (TSLA), Zoom (ZM) and the SPDR S&P 500 trust (SPY).
Elon for President
Elon was all over the news this week when news broke that he was reopening the Tesla Fremont factory despite restrictions. This act was viewed as heroic and as stupid by others. In my view, go Elon! Below is the daily chart of TSLA.
I am on the record of being bearish TSLA two weeks ago. I'll never hide a call here. I was wrong! What we see on the chart is obvious consolidation and higher lows being established. There is a lower high, but I chuck that out as FOMO buyers.
With volume in decline, along with price being supported by the 20 SMA and the appearance of an ascending triangle. The TSLA chart primed for continuation to the upside. The question now remains, how much upside?
Above, is a 4-hour chart of TSLA. Here, I place my proposed Elliott wave count. If you are not familiar, wave 4 consolidations tend to be triangular. TSLA is within a potential ascending triangle and could be setting up for one last push higher before a correction.
I think the TSLA chart will test and potentially break its all-time high. The 1000 psychological resistance could be a logical area where selling comes in strong. This morning I look to buy any dips. Bias: Bullish .
Zoom Remains a Leader
I have been watching ZM very closely over the past week and full disclosure, I have bought some stock as of yesterday. Sometimes simple is better. The chart below is ZM on the 4-hour.
Another ascending triangle . There are probably loads of other stocks with this same pattern but the reason why I like ZM and TSLA is because eyes are all on these companies. People want a piece of what is hot. If price ends up breaking out to the upside with only blue skies above... just use your imagination. Bias: Bullish .
Sorry Bears
The only explanation of what is happening in the stock market is irrational exuberance. Instead of fighting it, let's play it to our advantage. Below is the 4-hour chart of the SPY.
The buying off the low yesterday suggests that the interim low is in and the trend remains intact in favor of the bulls. More proof? The charts above. The market leaders have not retreated nearly as much as a bears would have wanted. It is simply too difficult to trade this market to the downside. Don't over think it. Bias: Bullish .
I'll be back later today with an analysis on the weekly candle close. Happy trading!
Zoom to end their call? Prospectus...A classic head and shoulders by the almighty Zoom. It's not unlikely that their run is coming to an end, but we could see a bit of upside before we suffer downside. I would expect a bit more reactionary price action before the main crash.
We have a textbook Head and Shoulders forming, with a consistent neckline in line with the hourly open. This has been a stock I've been following for a long time, and I've had the Head and Shoulders idea since the 24th April, or its second peak. It's very difficult to analyse stocks, as they tend to follow fundamnetals more - but I'm really confident on this one. It's not often that the H&S pattern fails, let alone reverses. We shall see how this plays out alongside the falling volume.
Be careful with this idea, as it could reverse for a second time. Place a stop loss where you can afford to take losses - I have placed a potential point of entry on the chart, but personally I will enter here - as I can afford to do so due to my level of margin. Trade responsibly. NFA
Zoom Communications (ZM) - Wedge Play - Low RiskZoom Communications has retested and is respecting the upper band of the ascending wedge-line, we can confidently take a short position with low risk. NASDAQ:ZM has had its fair share of negative publicity regarding recent data-breaches and is widely viewed as overpriced in terms of price-to-earnings.
Short Term Target: 132
Bottom Wedge Target: 116
ZOOM Communication Technical Analysis - ZMShort Term seems that there is an opportunity to go long.
Option A - Target price of 93 USD -based on Fibonacci Speedlines.
Option B - Target price of 180 USD
Fundamental Information that could impact on ZOOM.
Analyst mean Price of 120 USD has already been achieved.
(MAX between 160 and 200USD). The share price is overvalued almost of 80%.
Short ZM at 194They're going to pump ZM and trap late fomoers.
Short on top of bear flag.
Use upper daily bollinger band breaches on 2 and 3 std dev to pinpoint exact entry. I have a good feeling the band breaches are going to perfectly line up with the bear flag resistance on the run up to earnings.
Litecoin Hinting at Bitcoin's Next Move?Happy Bitcoin halving! If you haven't heard, Bitcoin underwent its third network halving, which means that now for every block discovered, only 6.25 Bitcoin will be rewarded. It is a great day to be a crypto enthusiast. Alright, let's get right to it.
So, U.S. markets continued to show strength at the start of the session and fade towards the end. I feel as though this is becoming a trend. What propped the market up? Apple, Inc. (AAPL). Apple is attempting to blow through resistance and is only 4% away from matching its all-time high. Apple is now a must watch the rest of the week. Now let's look at some charts I got my eye on: Zoom Video Communications, Inc., Litecoin, and Bitcoin.
Zooming to the Moon!
Zoom (ZM) is really setting up a pretty ascending triangle pattern. On the daily chart below you can see how ZM is now testing resistance for a third time in less than a month. Normally a bullish pattern, the ascending triangle target would be 227.
However, despite the beautiful set up. A breakout may be premature. Chaikin money flow (CMF) on the daily is lagging within the negative. I would feel more comfortable buying a retest of the triangle or if ZM pulls back toward 150. Nevertheless, this is a no brainer and an extremely bullish chart. Bias: Bullish .
Litecoin Hinting on Bitcoin Relief Rally?
Sometimes I turn to the altcoins to get clues on the next Bitcoin direction. It isn't a bad thing to do once in a while. Bitcoin is a tough asset to trade and any additional clues you can gather from the crypto space is a plus. Below is the Litecoin (LTC) daily chart.
Here, I am looking at LTC's support. It is now being tested for a third time. Sure, support should be weakening. I do eventually suspect this support to break, whether it is tonight or a month from now. If LTC can consolidate at this level I am confident Litecoin and Bitcoin will rally from this point.
Of course, we need to check out what the King is doing. Below is the 4-hour chart of Bitcoin (BTC). Currently, it is very unclear. I posted earlier that there was an inverse head and shoulder bottom on the 1-hour chart. I warned that lower time frame patterns such as those tend to fail more often than not. Guess what? If failed.
Now, we can argue that there is a bear flag developing. Though, it may take into the evening for volatility to wane and create a more clear picture. Keep in mind, BTC > LTC when it comes to analysis. So for now my bias remains... Bias: Bearish .
Again, Happy Halving!
I bought my first Bitcoin back in February 2016. I will never forget how exciting it was to send my first transaction to an exchange and to begin my journey trading.
It is truly is a remarkable achievement that Satoshi Nakamoto accomplished and I am thankful to have met so many people within this space. Now, remember, no matter how bearish I get on Bitcoin I will always be a bull in my heart for the long haul! To the moon!
ZOOM Video Communication - Short term - GO SHORTShort Term go short
Long Term go long but wait for the right signal - Bullish Market on 1h, 4h or daily chart
Fundamental Analysis:
Facebook Issued Meet video conferencing free to all users, challenging Zoom.
Zoom Does not have 300M Daily participants but 300M people attending the meetings meaning that if a user has 10 Zoom meetings a day, that would count as 10 participants.
Zoom is also competing with technology heavyweights including Microsoft's Teams, Cisco's Webex and Alphabet's Google Meet.
Yesterday, during its earnings call, Microsoft claimed that Teams has over 75 million daily active users. Google Meet, on the other hand, says it is is gaining 3 million DAUs every day and topped the 100 million-mark in terms of meeting participants.
IT IS TIME TO SHORT $ZMContextual immersion trading strategy idea.
Zoom Video Communications, Inc. provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Shareholder rights law firm Johnson Fistel, LLP reminds investors that a class action lawsuit has been filed against Zoom Video Communications — finance.yahoo.com
Zoom made materially false and misleading statements about privacy of zoom-conferences etc.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
I had opened a long position three times, but everything had changed.
So I opened a short position from $135,4;
stop-loss — $143,80.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Watch out of for ZOOM!A potential Cypher pattern is forming for Zoom. If will mark a bullish sign if it completes. Currently confluence can be observed at the FIB 0.786 (line-in-the-sand).
Extension of CD leg must be within 1.27-2 FB extension of the AB leg to be confirmed.
Also watch as the MACD is close to a short term bearish cross over.
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Stocks : ZM
What’s the Strategy here :
Zoom Is one of the most interesting stocks. The price of it doubled from $90 to $160 from the crisis and it's an uptrend , a big advantage of it that this company is internationally reactant to news .
If you see the chart closely you will see that the company had used it and it wasn't due to a trouble and the company was due to a scandal of an official who threw his cat which is animal abuse . and after that the company started showing slight recovery .
still given consideration that there are other competitors in the market such as Microsoft Office meeting APP , buy ONLY when you see expected run up and price confirmation .
NASDAQ:ZM
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