5ZM trade ideas
Zoom (ZM) - Currently At Interesting Long EntryI am expecting a bounce from this range (possibly short term). Just sharing my trading plan, not meant as advice.
ZM PUTS!!!! As we can see price is bouncing heavily off the 9-day moving average so we have some strong resistance there. Second the next support we have is gonna be at 265.50 so we should be looking for an entry around that range again our PT is all the way down to $235
AB = CDAnd it does equal for now. But CD can be an extension of the AB leg which would take price lower.
IvanHoe, Lancelot and William Tell, Do they envy me? Probably not
Worth watching though..LOL
Possible stop under last leg down Perhaps/well for sure/Look for a bottom consolidation before entering or a retest of the low
No recommendation//iffy/just watching
Until the 20/blue/ turns up I am just keeping an eye on this. Before i enter a bottom I like to see this SMA doing something magnificent (o:
Zoom to Drop to $230The wave analysis shows it could be doing a Wave C down. which will take its price down to 230.
ZM- Falling Wedge- Make or BreakZM- just broke below aVWAP from IPO- things are going to get unruly here if it can't break above the resistance of the wedge- I'd previously thought 265 would be sufficient, and while encouraging for bulls, I think we need 268 for even more conviction at this point. Breakdown out of this pattern and a complete freefall ensues- 252- 250-- 242. This is going to give us an explosive move either way, and I refuse to take my eyes off it.
zm ideazm is right at two trendlines, with rsi way oversold, if this thing gaps or lsoes this support, it could be very bad, i bought calls at ~261 slightly down today but fk it.
Zoom Video Communications IncWednesday, 29 September 2021
23:19 PM (WIB)
Zoom keep falling after created double top, and has been tested all around of Fibonacci. From 0 F to 0.786 F. One thing that yet is 1 F or $230. I thing this falling downtrend directing to this point as strong support. After reach the lowest support, the price should move upside into key level resistance at 0.5 F or $400. Keep watch and notes.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
ZM (update)Now that we have gotten to the (Green zone) their is only (2) scenarios to look at. We are what looks like are at the "Ending" of the last part of the "5th wave minuette" of the "(3rd wave or (C wave) " which what looks like an "Ending pattern" . So now the only possibilities is that either this is an (ABC) to enter a (WXYXZ pattern) which is #1 scenario, and #2 scenario which is the "5 wave down" and knowing we have a deep "Wave 2" this " Wave 4" will be towards the following zones for a (Shallow retrace). Now the only way to know if this isnt the "5 waves down" and is the (WXYXZ pattern) is to have it break the zones and break the (.618 fibonacci Algo zone) which will lead to further upside before continued down fall.For #1 i have put zones and targets zones. As always these are my opinions.
As always happy trading : )
XM oversold Ready for $300$ZM Now at a VWAP from IPO day. These levels have great significance and can't be lost easily and acts as good support. This is a pretty good place to add and ride it up.
Target-1 $290
Target-2 $330 (Gap FILL)
Zm stockGetting obersold on the daily getting some calls for this one. Crude scalp on the 1hr says buy
$280 Call For Friday As an options swing trader, I have been cautiously watching the markets recent decline and our even more recent pull back. Have the bulls regained control? I am trading with extreme caution and looking for obvious indicators that show price movement. Based on the indicators I am looking at, and you can see above I believe ZM has the potential to hit a minimum of $280 a share by Friday October 1.
With market trending upward and bullish momentum growing, along with MACD, D+, triple confirm, and Elliot wave analysis. I see ZM about to pop.
Here is my supporting evidence from least reliable to most reliable
I. All three major futures are up indicating that we could potentially be in for another "green" week.
II. 3x confirm shows we have not tapped out yet and has a fresh buy signal
III. Divergence Plus has a buy indicator that has a track record of being extremely accurate & cost a subscription to use based on its extreme accuracy
IIII. Elliot wave shows we would have to fall to $262 a share in order to maintain that 2nd wave
V. Candle stick analysis, which is my favorite analysis! We hit a high of $273 before having a pull back, however that pull back failed to reach a lower low. AND an uptrend has started
Failure is an option! Some factors that support ZM falling can be fundamental such as ZM being investigated by the DOJ or even from a technical stand point that ZM failed to break through resistance last Friday.
Conclusion
I am a high risk high reward trader and have been very successful My track record is what keeps me going even when losses occur. I am confident in my trade for this week and would love to hear your thoughts in the comments.
ZM$ZM at final make or break point- reclaimed hard support late Friday, nice hammer on the daily, but this needs to rapidly get back to basing at 278 for us to have the nice 20-30pt long move I'm looking for. Am I a long term investor who thinks this is going to 400? Absolutely not, but I do see a near pattern completion and serious overextension on the downside. Break low of the day Friday at that 267, 260P. can see 250. I have a small ice cream money position of 280C 10/15 just in case it has one of those good old ZM parabolic days
$ZM short position Idea!-Looking to take/Add on a short position here looks like we broke below support and we're looking to take it down a little lower
-Now long term we're looking to take this down to $230
-keep in mind we still do have a gap to fill
-Good watch for a possible scalp
-on the hourly and 4hr we are also respecting the 9-day on the move down
$ZM - Falling wedge with RSI divergence, watch for breakout$ZM - Forming falling wedge with RSI divergence in hourly towards demand zone, watch for breakout of the trend line for calls
$ZM on verge of collapse on weeklyUnder 270 we can grab 40-60 handles. The target would be $228-$200. What a swing short that would be for the homies.
NASDAQ: ZMHi Guys , what do you think about my analysis on Zoom's chart right here .
i guess it's a good buy opportunity for Zoom right now because it has touched the support multiple times and failed to break below ,
it has broken out from Double Top chart pattern few weeks ago and expecting sellers have taken their profit,
now we just have to wait the buyers to step in to push the price to the upside ,
we will see a reversal from Zoom if it can break the gap above,
and from my opinion i think its very low risk trade for me with a good RR right there .
Remember to do your own chart analysis before you take the trade for your own good!
