Zoom having nice run, but plenty of space to goIn its trend channel, it's got loads of roomLongby Rod_85Updated 552
ZM : Zoom in correctionHype around Zoom is being replaced by hype around Moderna. P/E for Zoom declines from 600 to 450 as earnings grow. Forward P/E is currently estimated at 150 projecting further earnings growth. That's a lot! Forward PEs for Salesforce and Netflix are 65 and 56 respectively. If Zoom earnings grow 2x than projected and stock price declines by 33% then PE comes to 50 (years of earnings to justify the stock price). At least comparable to other hot techs. And what the chart tells us about possible end of correction in Zoom? Nearest level is probably 310-325 and more distant one is 260-265.by ProTrading24ruPublished 3
ZMCrushed earnings and still sank. Its okay, It is now setting up for a reverse head and shoulders if support holds. I am expecting a bounce tomorrow and in the next 2-3 weeks Im sitting on a move back to highs. Longby BLKopalFXPublished 4
A small gift to youAll the game is 50 and 20 MA. Tomorrow will be an epic loss for bears! Longby iskountaPublished 111
ZM target 510 for wave 5, completion of wave 4 post-earningsCopyright Rohan Karunaratne 2020Longby UnknownUnicorn4017959Published 8
Zoom earnings Prediction After the market closes today ZM will report their quarterly earnings. A remarkable stock none the less. But the primary catalyst for their success during these extraordinary times has been the very pandemic itself. With that being said much success has begun to arise for MRNA and PHE for their promising vaccine results. And talk of discussions of the vaccine are in the works. (Positive vaccine news .. the sooner schools open) Which bottom line leaves me to believe no matter the out come for Zooms quarter, i predict it will fall. And from the Charting stand point, a cup and handle pattern seems to be in the making, which only gives me that much more confidence in a likely decent. Shortby eddiesime03Published 221
Zoom Resistance Levels before earnings Zoom has currently bullish riding an upward trend. Look for it to pass the 474 resistance pre-market and fill the gap to 503. It is trading above the MA40 and MA13. For best risk management practices, watch for the shift after the earnings are release monday evening. Shortby SmartLionPublished 2
ZM pre-earnings Trade ZM looks great for a solid day trade lets see what PM gives us. 20:05by Atlas-SSIPublished 338
$ZM bearish count$ZM 4H Chart For $ZM I have a potential bullish and potential bearish count. My primary bias is currently my bearish count Looking for a pullback to my zone between 478 and 505 for a potential reversal to wave C Above 504.44 I will start to re-analyze Target for wave C is marked at around 300 Shortby Printing_ProfitPublished 1114
Short Term Decline But Long Term Success From a fundamental standpoint, with Covid causing people to work from home, and social distancing from family, Zoom is a popular choice for video messaging/conferencing. Long term I see Zoom increasing in value as the work from home trend will not be going away any time soon, even if there is a Covid vaccine or treatment with 100% effectiveness. From a technical stand point for the short term, I see Zoom dropping as it is overbought as indicated by the RSI. On the 45min chart, ZM has an RSI of 75. However the MACD still shows room for growth so Monday might be a good buy in point for those who would like to short the short term decline. There are sell signals coming from Divergence+ and Bollnger bands are close to crossing setting off another sell signal. I will be buying in Monday to put Zoom short term. Will hold the position no longer than a couple weeks. The position I will be most likely buying is $455 a share by 12/18. What are your thoughts on Zoom? Comment below & give a like if you agree with this analysis. by Myantman101Published 331
Exclusive Technical Analysis: Short-Term Outlook on $ZMHere we look at what to expect on ZM in the short term leading up to ER. 14:00by CASHTRAINNATEPublished 1
ZM - November 29, 2020Zoom reports earnings this week after a modest recovery from a vaccine optimism fueled downtrend. The increasing damage that Covid-19 is having on economies across the globe could reverse the recent optimistic market sentiment. With an earnings report coming monday (Nov 30) look for a breakout in the early hours as this stock recovers some ground towards it's previous $572 ATH.Longby AptitudeFinancialAdvisoryPublished 0