ZMD trade ideas
ZM 2/18-2/19/2021 MAJOR LOSS CASE STUDYLOSS for about $4,000+ on that trade series!!!
WORTH LEARNING IT FOR A LONG LONG LONG TIME
$ZM currently trading at the Demand ZoneI believe a 48% pull back from the highs is a reasonable correction. Now is the time for $ZM to establish its new bull trend. With a descending triangle formed from the highs and break of $300 support into the $290s demand zone poises it for a bounce with MACD oscillator curling green after 2 months in the red. All the way down to the $270s is a good buy zone. Anything below $270s and its $200s next, I would stay away below that range.
This would be a great pick for the long-term investor. Please share, like and comment your thoughts below.
520 could be a next target for ZOOM After 3 has formed a double zigzag where it has ended with ending diagonal and bearish divergence signal.
Now the price could go up to 520 or higher if it's not a 5th wave failure and we can use Fibonacci lines as a target.
ZM - GREAT Short Opportunity, IF ... !!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) !!
Traditional|ZM|LongLong ZM
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
Red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
Momentum buildingGot stop out of my 325 Long and brought back in at 302
Huge momentum flowing in this morning
Money flow still increasing-- Still in larger down trend with death cross struggle
Bank credit upgrade on 3/26 Deutsche bank
I think we can go to the top of the accumulation range at 360 before we see major reversal UP or back down
Trading idea on ZM - Good risk/reward ratio!Hello dear community! This is my first post here, so, I hope you like it 😊
I want to share with you a trading idea on ZM 🚀:
Buy point: 314.58
Stop-loss: 311.79
Exit point: 325.48
Risk/Reward ratio: 3.91
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
ZM ShortIn Downtrend Consolidation
SMA50/200 as resistance
OBV<OBV SMA34
W%R crossed below -50
Short 324
Stop 350
Target 230
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan should be less than 1% of an account.
ZM - very high reward in the next couple weeks before ERZM is looking for to break out of the giant ascending triangle that sellers created back since October 2020. And if ZM created another golden cross like it did back in Feb 2020 then we will see a huge move return back to the uptrend (The triangle to me is like accumulation zone to prepare for the big move). In general, ZM is still in the long run bull market if it won't create death cross in the next few days. If we look the whole pic, ZM is just started the bull run since Feb 2020 after almost 187 days of accumulation.
$ZM Preparing for massive move upside The pattern is considered as a sloped accumulation. it will target higher numbers.
Trading map for ZOOM / Our filters to develop setups.Today we will speak about the exact situation we are waiting for before developing bullish setups on ZOOM.
Our trading philosophy is: Define the future situation you consider worth trading. Wait until that happens. Trade or Cancel the setup.
What are we waiting for on ZOOM?
1)Wait for the breakout:
We want to observe a clear bullish movement that breaks the current consolidation defined with the two yellow lines.
2)Wait for 5 - 10 days corrective pattern:
After the breakout, we want to observe sideways movements on the edge or above the broken structure (yellow lines) with a duration between 5 to 10 days
3) Look for a 1:4 risk-reward ratio setup:
Suppose the breakout and the sideways movement happens. We will be ready to trade that pattern. We want to be able to catch a 1 to 4 risk reward ratio setup AT LEAST. Why? Because that means that we are risking 1 dollar to make 4 dollars, and if we are right only 40% of the time on this setup, we are still extremely profitable. Also, once you have a clear breakout of a corrective pattern of this size, you tend to see bullish movements with similar proportions to the consolidation.
Thanks for reading; we hope this content was useful!
Zooming downwardsLooks like a death cross has formed on the daily chart for zoom. I’ve initiated a short position. Good luck to all.!
ZM FALLING WEDGE ZM falling Wedge... possible July timeframe for a breakout. 280$ is nice support for this to work
ZM holding on for lifeZM seems to be in a pretty bad position at the moment. Struggling to gain much traction above it's uptrend line set back from March 2020:
It's well under key averages for some time now and showing not a great amount of strength.
$ZM | Bullish Inverse Head and Shoulders$ZM broke out of a bullish inverse head and shoulders pattern
Price just retested the neckline of the head and shoulders pattern. Watch for a bounce from the neckline for continuation to the upside.
Goodluck!
Let me know what you think in the comments. Please leave a like if you agree with my analysis! 👍🏽
Bearish momentum of Zoom comes to and endI look at Zoom correction as a non-standard correction small x wave where it started with zigzag and ended with flat. Then flat formed an ending diagonal indicating that bearish momentum is weak together with the bearish divergent signal from CCI. Eventually, the price broke away from that triangle line which I see as wave1 then now it's forming some sort of non-standard correction large x wave which I see as wave 2. If it's now ending with running flat as I do hope. The price will not go past the gap that just occurred and will start strong bearish wave 3
Poke the Bull's 6 months of consolidation/correction. It needs to trade above 200MA where it will break this wedge and touch new records.
Short Idea $ZM - Watch for wedge breakThe risk to reward on this is favorable IMO. Bearish Divergence in the chart (See sloping Money Flow Index). Also, with a lot of folks returning to the office, expect growth to slow in this name. 1st target 316 then 302.
Wake up ZM BULL - Golden cross or Death crossER is coming in June. ZM is running within the descending triangle and this pattern is bullish pattern and it has enough time consolidation. Will ZM create Golden cross or Death cross????
Trading plan on ZOOMToday we will analyze zoom, and we will provide the setup we will be waiting for in case we observe a similar price action.
Important items:
a) The price has been on a Descending Wedge for 170 days (corrective pattern).
b) Currently, the price is supported on an ascending trendline + Lower trendline of the Descending Wedge.
c) If the price breaks the ascending trendline, we can expect more bearish pressure towards the next support zone at 235.00
d) If the price cannot break the ascending trendline, we want to wait for a breakout of the wedge pattern. After that, we will look for a throwback (retest of a broken zone)
e) With all the previous conditions, we will trade above the throwback, and we will set our stop loss below it. The minimum risk-reward ratio we are looking at on this setup is 3.5
Thanks for reading!
