Short $ZM Technical Setup $QQQ, $SPX, $SPYShort $ZM Technical Setup $QQQ, $SPX, $SPY
Below 8SMA
Below Volume Shelf
Price rejected from major TrendLine
Price Target 246$
ZM trade ideas
ZoomI like ZM here close to trend line support $370. Good r/r trade for a target of $400. Earnings report on Aug 31. Stock responds to any negative covid news or lockdown news.
Inside bar on ZM weekly Inside bar on ZM weekly candle (bearish below 378)
Short below 378
Price Targets:
1)375
2)370
3)365.. Bounce here with support below this butters..into $360
could see a pop here any day nownice trendline support here for ZM, could bounce off it a few more times before the next leg up. if we go under 360 it will break support and turn bearish. for now lets target 450, stop loss 360! goodluck, like and follow for more <3
ZMZM failed at 400 last week and back-tested 390, 380. If ZM holds at the 380 level, I wouldn't consider buying calls until it breaks 400-410.
Around 390 it's best as a quick day trade, for now it is just in a range and an average trade.
Once it gets a strong close around or at the 410 level, from there it could test 424, 440.
IT IS IMPORTANT TO NOTE that on the daily chart ZM formed a golden-cross, when the 50 EMA crosses over the 200 EMA, which is a bullish indicator in itself.
ZM in ascending channelLooks like ZM found itself a channel. 400 breakout failed last week. It will probably retest the lower trend line around 369. Long if it holds the support.
$ZM - CUP & Handle formation$ZM - CUP & Handle formation , watch for bounce at 375 & breakout for 400 calls
ZM looks amazing for augustZM stop loss under 375 otherwise riding it long to 450+, over 404 not a lot of resistance, needs to get momentum next week
ZM Analysis Short I am expecting ZM to go short to my support zone then look for a buy at my support zone
ready to break the resistance?Zoom is doing good after the breakout.
There is some resistance now, can we break through for a next wave up?
Bull FlagEarnings are 8-30 AMC. It is not unusual as of late to see pull backs when earnings get closer. And it is difficult to predict market reaction these days.
Hard one as I suppose a lot depends on the Political Flu, mandates and how much the administration and the media decides to scare folks this go around.
Would be a risky choice but the flag is there. Long term moving average, the 200 is sloping down but moving averages change just like any other indicator. The 50 SMA is sloping up and has crossed up and through the 100. The 100 looks to be trying to slope up. Price is above all 3 moving averages but the 50 should be on top and not the 200. It appears the 50 has provided support for ZM before it's recent pop to the upside.
A flag begins with a steep move up for a bull flag and a steep move down for a bear flag. A pull back ensues forming a downward channel. Long entry is considered a break of the trendline in the direction of the pole. High and tight flags often perform best. A flag needs to be a length that the pole can support.
No recommendation.
It is not always about being right or wrong. Trading is about how much you make when you are right and how much you lose when you are wrong. (o:
Zoom Video CommunicationsThursday, 5 August 2021
20:38 PM (WIB)
KEY INFORMATION
Name: Zoom Video Communications, Inc.
Ticker: ZM
Exchange: Nasdaq
Founded: 2011
Industry: Application Software
Sector: Software
Market Cap: US$112.281b
ZM ($378.1) is trading above our estimate of fair value ($223)
EXECUTIVE SUMMARY
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; On Zoom, 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.
TOP SHARE HOLDERS
8.1% | Ka-shing Li
8.02% | Eric Yuan
4.22% | T. Rowe Price Group, Inc.
4.18% | The Vanguard Group, Inc.
3.8% | Cathy Wang
3.79% | BlackRock , Inc.
3.2% | Hoi Shun Chau
3% | Morgan Stanley Investment Management Inc.
2.73% | Baillie Gifford & Co.
2.58% | Samuel T. Chen
2.19% | Emergence Equity Management, Inc.
1.32% | State Street Global Advisors, Inc.
1.01% | ARK Investment Management LLC
SWING UPDATE: ZMLooks like ZM did bounce back up, shouldve held my calls, approaching resistance zone.
Zoom sign of a reversal!An increase in delta variants is producing fear in market and investors are buying $ZM stock in case another lockdown occurs. In the chart, we observer that zoom broke it/s downtrend and is now preparing for a reversal. YEEEEEEE!
ZOOM ready for a comeback?in the process of 5 waves up, has room to 440+ within the next few weeks. increased covid concerns in light of the delta variant will help push the stock higher
Zoom RetestZoom has been on a down trend with a recent retest at the top of the trend angle. If it fails to break out the previous green dash line will be your minor support line. A nice pull back could give us a nice push up to retest the previous Resistance Line
ZM - The Delta Leg UpIn Tech Bubble 2.0, anything is possible.
On a serious note though - assuming interest rates stay low, money continues to be printed, etc. and the threat of the delta variant(s) continue to rise around the globe, ZM probably has one last leg up left in it before people realize how in the F did we give a video chat / conference call service a $300B Mcap Valuation
Zoom Video CommunicationsSunday, 1 August 2021
1:32 AM (WIB)
KEY INFORMATION
Name: Zoom Video Communications, Inc.
Ticker: ZM
Exchange: Nasdaq
Founded: 2011
Industry: Application Software
Sector: Software
Market Cap: US$112.281b
ZM ($378.1) is trading above our estimate of fair value ($223)
EXECUTIVE SUMMARY
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; On Zoom, 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.
TOP SHARE HOLDERS
8.1% | Ka-shing Li
8.02% | Eric Yuan
4.22% | T. Rowe Price Group, Inc.
4.18% | The Vanguard Group, Inc.
3.8% | Cathy Wang
3.79% | BlackRock, Inc.
3.2% | Hoi Shun Chau
3% | Morgan Stanley Investment Management Inc.
2.73% | Baillie Gifford & Co.
2.58% | Samuel T. Chen
2.19% | Emergence Equity Management, Inc.
1.32% | State Street Global Advisors, Inc.
1.01% | ARK Investment Management LLC
