I'm still using these guys at work...Let's just say, it's a good company, and I like the technicals.
I'll be looking for a reversal pattern to confirm long.
Updates to come!
ZOOM
ZOOM (ZM)| Possible Short-term Rejection Area!Hi,
Just an idea to look for fundamentals because Zoom's price trades near $100. Technical analysis suggests that we can see a short-term rejection from the shown area.
Criteria:
1. Round number $100
2. Channel projection
3. AB=CD
4. Fibo Extension
5. Previously worked resistance level becomes support
6. Possible rejection from the bottom of the range
Do your own analysis and be cautious!
Regards,
Vaido
ZOOM at supportMonthly RSI @40
Weekly RSI is oversold(21)
Weely Support @ $130-140
if this said support is held, it might see a bounce to 200 levels initially.
ZM: More Pain on the WayUnfortunately, 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.
ZooMvideo PredictionJust expect to happen something like this!!! we are in complex wave 4, and here is the chance to start wave 5.
Also We may encounter a triangle pattern!!!
Zooming to SupportSupport at $105. Support will hold because RSI is oversold & Zig Zag ABC correction is coming to an end. Easy outlook! Have hedges up to $100 in case of a wick. Good Luck!
Zoom almost bottomed will consolidate between 180-220Zoom is a great company to hold on to , But you cant judge based on shorter timeframes. You need to start Dollar Cost Averaging in this Range for the next 18-24 months. This is where the consolidation happens. I have 200 shares and ready to buy 400 more for the next 2 years, I am long in 5 years time horizon, but in the near term 180-190s is in the cards, Hence Short.
ZM calls and puts: levels to look out for # considerZM
Price - 184.26
Support - 177.25
Resistance - 184.80
Consider***
Calls Above - 197.17
Puts Below -175.25
Zoom (NASDAQ: $ZM) Looking Bullish On 3rd Touch Of 0.786 Fib!Zoom Video Communications, Inc. provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system that provides secure call routing, call queuing, call detail reports, call recording, call quality monitoring, voicemail, switch to video, and other services, as well as inbound and outbound calling services; and Zoom Chat enables to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices for meeting and phone customers. It also provides Zoom Rooms, a software-based conference room system; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Video Webinars to provide video presentations to large audiences from many devices; and Zoom Hardware-as-a-Service allows users to access video communication technology with subscription options for phone and meeting room hardware. The company offers Zoom for Developers to integrate its video, phone, chat, and content sharing into other applications, as well as manages Zoom accounts; Zoom App Marketplace enhance developers to publish their apps; OnZoom, a platform for users to create, host, and monetize online events; and Zoom Apps to access from Zoom Meetings and the Zoom Desktop client to facilitate collaboration and engagement during meetings. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.
Zoom Triple bottom on Daily, 180.00 price rejectionPossible opportunity to buy the dip with a small stop loss, this be the third time we have tested and held support at 180.
Looking to bounce from here to continue move upwards to 290.00
ZMSmaller downtrend in a larger uptrend with price at support. I expect a larger move up in coming days.
ZM TECHNICAL ANALYSISzm has a lot of gaps to fill.
it is in an overall downtrend which i traded against today and inevitably got caught in a bad move.
looking for this stock to bounce on the trendline or a trend reversal to start filling those gaps.
gap levels
-first gap is near the 237 area
-second gap is above 275.50 - 281.
i know there are a lot of s/r levels but i like to keep it detailed.
feel free to give feedback and/or advice on anything.
#Zoom Major Support!When taking a look at zoom on the weekly TF, we can see that it is currently trading at the bottom of a descending channel. When you look at how price reacts in this area, there's usually a bullish move to try to make a higher high. This is looking like a great entry for a long. Keep in mind, the overall trend is still bearish but there are opportunities to secure gains along the way.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice.
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 (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
ZM Zoom Video at 52 Week LowZoom Video Communications, Inc. (ZM) 52 Week Range: 195.80 - 486.83
Now the price is 206usd.
Bank of America has a price target of $270.00 for ZM
My safe price target is the 241usd resistance, as you can see in the chart.
Looking forward to read your opinion about it.
Zoom in potential danger?The $240-$280 support zone could not stop Zoom's falling, in the following days Zoom should find support near the $200 region, if not I expect more downside. Not financial adive, just my opinion.
Downside: first target near $180.
Upside: after reversal first target $240.
Take care, stay green.
ZM - ZOOM - EASY BOUNCE PREDICTION LOW VOLUME AREAAll,
ZM short potiental. But ER wasn't actually all that bad. I'd look for a bounce near white area possibly little lower. Easy bounce don't stay long just for the retrace/retetest.
ZOOM VIDEO Zoom has come into the 38.2 level with a clean count and bull divergence. Targets are 300% or more. Given the future of home-working is likely to grow one might expect the stock price of Zoom to do well.
ZM - Nice Setup Leading into EarningsZM - Earnings on 11/30 and presents a nice C&H setup here. Neckline 283.45 for breakout and if the low of $269.21 can hold, ZM is setting up for a move towards $306 and eventually $329 for a 5 wave sequence.
Zoom to 333 - unfilled gap from August earnings reportZoom presented a convincing risk/reward scenario
1. Earnings Gap from August still unfilled
2. Completed ABC correction
3. 1:2.7 r/r
- Earnings end of November. Currently long with SL @ 260
