4ZM trade ideas
Zoom (ZM) – Is There Upside Ahead?🔹 Analyst Expectations:
- Low Target: $75.00 (current price)
- Average Target: $91.64
- High Target: $115.00
🔹 Fundamental View:
- Zoom posted stronger-than-expected earnings, but the stock pulled back due to cautious revenue guidance.
- Financial health remains solid, and long-term demand for remote communication tools is stable.
- Analysts see potential upside, but the stock needs to regain momentum.
🔹 Technical Setup:
- Zoom is trading near strong support at ~$75.
- A break above $88-$92 could trigger more upside toward analyst targets.
- If support holds, there’s room for a 17-21% move up in the coming months.
💡 My personal target for Zoom is $88.50 which is the previous high, right before the earnings report, which as mentioned above, was positive! This represents a 17% growth opportunity in the short term.
Time to "ZOOM" back to winnings ways?On Thursday afternoon, the King Trading Momentum Strategy triggered alongside eleven other alerts, followed by five more on Friday. This flurry of signals doesn’t exactly indicate a “bearish” sentiment, but as always, the market has its unpredictable ways! With markets approaching all-time highs, I’ve been cautious, limiting my positions to just a few with low allocations in TNA, ADBE, PYPL, and XYZ.
When I analyzed Zoom (ZM), I noticed that it experienced a strong rally from July through the end of the year, gaining over 50%. Now, the key question is: has it finished consolidating, or is there more downside ahead?
Looking back to July, ZM’s performance suggests a classic bull flag pattern. It’s retraced to the 38% Fibonacci level, and during a two-hour window when the signal fired, the impressive “wick” formed caught my attention. Now, after a short-term pump, it’s retracing again, and I’m eyeing the 50% Fibonacci level as a potential entry point.
Unless Monday brings a major selloff due to concerns over the Fed meeting on Wednesday or the PCE data on Friday, I’ll likely use the usual morning volatility to position myself in this trade. Let’s see how this one unfolds!
The King Trading Momentum Strategy employs a robust combination of indicators: the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum measured by ADX+, and MACD confirmation. ZM, along with over 100 other equities, is integrated into this script with optimized backtested take-profit and stop-loss levels. Activating these parameters is as simple as checking a box (they’re off by default), making this strategy both powerful and user-friendly.
ZM - Looking for DirectionNASDAQ:ZM is currently trading below its 20-day MA and can enter the Ichimoku cloud. The volume is drying up. the next 10% upside is going to be a hard grind with supply zone in the range from 89-92. Its a tough trade and for the patient ones only. The fundamentals are strong. The technicals are now subject to market volatility. Enter if you are long; OR enter once it breaks the supply zone at 92.
Zoom's Surges 2.47% Early Thursday on Q2 Earnings ReportZoom Video Communications, Inc. (NASDAQ: NASDAQ:ZM ) showcased its ability to navigate the post-pandemic landscape with a solid Q2 earnings report, leading to a 2.47% surge in Thursday’s premarket trading. Despite facing headwinds from decelerating growth, the company outperformed Wall Street expectations, offering a glimmer of hope for investors.
Key Financial Highlights
For the quarter ended July 31, Zoom (NASDAQ: NASDAQ:ZM ) reported adjusted earnings of $1.39 per share, a 4% increase from the previous year, and above analyst projections of $1.21 per share. Revenue rose 2% to $1.162 billion, also surpassing estimates of $1.149 billion. However, this marked the tenth consecutive quarter of slowing sales growth, reflecting the company’s ongoing transition from the explosive demand driven by the COVID-19 pandemic to a more stabilized market environment.
The enterprise segment, a key area of focus for Zoom (NASDAQ: NASDAQ:ZM ), saw revenue rise 3.5% to $683 million, beating expectations of $675 million. This growth is particularly encouraging as Zoom continues to evolve into a comprehensive communications platform, catering to business needs beyond its core video conferencing service.
Future Outlook: Revenue Re-Acceleration on the Horizon?
Zoom’s guidance for the October quarter has further bolstered investor confidence. The company expects revenue between $1.16 billion and $1.165 billion, slightly above analyst estimates of $1.157 billion. This outlook, along with an upward revision of its full-year revenue and profit forecasts, suggests that Zoom’s expanded product suite is gaining traction with enterprise customers.
Despite these positive developments, Zoom’s stock remains under pressure, having dropped nearly 18% before the earnings report and 16% year-to-date. The market has been concerned about the company’s ability to maintain growth, particularly as competition intensifies from giants like Microsoft and its Teams platform.
Strategic Shifts and Leadership Changes
Zoom’s efforts to diversify its offerings are evident in its recent moves. The company is expanding its business tools to include phone systems, contact centers, and AI-powered assistants. Additionally, the launch of a single-use webinar service capable of hosting up to 1 million attendees signals Zoom’s commitment to innovation and adaptability.
However, the announcement of CFO Kelly Steckelberg’s departure at the end of the fiscal quarter has added an element of uncertainty. While Zoom clarified that Steckelberg’s exit is not due to any internal disagreements, the search for a successor will be closely watched by investors.
Navigating the Post-Pandemic World
Zoom’s success during the pandemic was unprecedented, but the company now faces the challenge of maintaining relevance in a world that is gradually returning to in-person interactions. The ongoing decline in consumer and small business customers has been a point of concern, with sales in this segment remaining flat year-over-year. However, the company reported its lowest ever churn rate, indicating some stability in this crucial market.
CEO Eric Yuan emphasized the resilience of Zoom’s business, particularly among smaller customers, and highlighted the platform’s role in hosting significant political events, including those supporting Vice President Kamala Harris. This demonstrates Zoom’s continued importance in various sectors, even as it navigates a more competitive and less predictable environment.
Conclusion
Zoom’s Q2 earnings report may have provided a short-term boost to its stock, but the road ahead remains challenging. The company’s ability to reaccelerate growth, especially in its enterprise segment, will be critical in determining its long-term success. As Zoom continues to innovate and expand its product offerings, investors will be watching closely to see if the company can sustain its momentum in a post-pandemic world.
With the market’s focus on the bottom line and the looming leadership transition, Zoom’s next moves will be pivotal in shaping its future trajectory.
Zoom Video Communications, Inc. - Bullish divergence*investment opportunity*
A 90% correction since late 2020 on the above 4 day chart. There now exists an excellent opportunity on this stock. Why?
1) Price action and RSI resistance breakouts.
2) Support and resistance, look left. Price action is on past support. Terrific.
3) Bullish divergence. Lots of it, as measured over a 100 day period.
Is it possible price action falls further? Sure.
Is it probable? No
Ww
Type: Investment
Risk: <=6% of portfolio
Timeframe: Act now
Return: Rather awesome. Will say elsewhere.
Stop loss: Will say elsewhere.
ZM Zoom Video Communications Potential BreakoutIf you haven`t bought ZM at the end of the giant falling wedge:
Now Zoom Video Communications (ZM) is currently showing a bullish pennant pattern, which is often a precursor to an upward breakout.
With the stock approaching the $72 level, a breakout could lead to a swift move higher, given the strong technical setup.
For speculative traders, buying the $72 strike price calls expiring this Friday at a $0.12 premium offers an appealing risk-reward ratio.
If ZM breaks above the resistance, these calls could rapidly gain value.
$ZM Looking to keep going strong in AI GameGonna let it come back down to cool off as its been on a tear for the month.
65 area or high 64ish and hold of it. I'll be looking to add a long position and run up for ER. It may even keep going as its already broke out of its trend.
Keep it on watch. Stay Dicspine.
ZOOM (ZM) bullish consolidation on weekly chartAfter its huge rally, Zoom has been hovering at around the same price rage for the past few weeks. When looking at the weekly chart, you can see a bull flag (inside bar) patter forming. The resulting move would take the stock roughly eleven dollars to the upside should it play out.
🔀 Bang Bang. Zoom Hit The Ground. Bang Bang. Bears Shot It DownZoom company's video-conferencing service became so ubiquitous during the Covid-19 pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online.
Zoom shares VIE:ZOOM rose seven-fold in 2020 as sales surged after millions of workers were stuck at home because of COVID-19 restrictions. By 2021, though, revenue growth slowed, and the stock plunged. The company has shed at least $100 billion in market value since then.
Meanwhile over the past two years, the stock has stagnated because Zoom's video-conferencing service is needed less as businesses continue pushing staff back to the office.
Zoom, one of the main enablers and beneficiaries of remote work, in August 2023 has asked its employees to head back to the office. The company announced that employees living within 50 miles of a Zoom office must work there at least two days a week.
"We believe that a structured hybrid approach – meaning employees that live near an office need to be onsite two days a week to interact with their teams – is most effective for Zoom," a spokesperson said in a statement. "As a company, we are in a better position to use our own technologies, continue to innovate, and support our global customers."
As pandemic Covid-19 is over, many other companies have announced return-to-office mandates, but Zoom's change of heart is surprising given the role its technology plays in remote work. The company's video-conferencing service became so ubiquitous during the pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online.
People are back to Travelling. The annual graph for NYSE:RPM , Revenue Passenger Miles for U.S. Air Carrier Domestic and International, Scheduled Passenger Flights.
Meanwhile, there're some important things to say.
Warren Buffett's 99-year-old business partner, Charlie Munger, was surprisingly embraced Zoom during the pandemic. Eric Yuan, the founder and CEO of the video-conferencing platform, celebrated the veteran investor's endorsement of his product on an earnings in 2021.
"I have fallen in love with Zoom," Munger, the vice-chairman of Berkshire Hathaway, said in a CNBC interview filmed at Berkshire's annual shareholder meeting in May, 2021.
"Zoom is here to stay. It just adds so much convenience."
• Munger added that he struck a deal in Australia using the communications tool. He trumpeted its prospects at Daily Journal's annual meeting in February, 2021 as well.
• When the pandemic is over, I don't think we're going back to just the way things were," the newspaper publisher's chairman said.
• We're going to do a lot less travel and a lot more Zooming.
Charlie loves Zoom and uses it frequently for business and to keep in touch with his family, as it's difficult for him to travel.
His business advice was to build a better product or offer a better solution, that it's all about competition, and that successful people are those with the acumen to understand life better than everyone else. He said it's up to you to work harder and better than the next person.
Charlie also said investments are better than money in the bank, and it's important to go to the office to work in person.
The main graph says, Zoom equities just hit the major all history ground support near $59 per share.
According To The "13 EMA" Zoom Is Down Trending Am trying to grow a garden
But am not sure of selling vegetables
To the local market is profitable.
Maybe if I calculate my expenses well including taxes,then this will build my confidence to sell vegetables one day.
This stock NASDAQ:ZM is down trending using the "13 EMA" system you can clearly see this.
As it drops after a major rally.
According to the Breaking News⚡ right Here on TradingView
One of the officers of the company wants to resign or something like that.
This is negative news which may cause this stock to plumet!! Down.
👉 Because it's in a down trend
👉 Because the Breaking News is negative
👉 Because it's after rally that's when you sell.
You should get ready for a market crash ⬇️🧟
To learn more 🚀 Boost this content
Thank you for reading.
⚠️ Warning: Trading is risky because of this you will lose money wether you like it or not please Learn risk management and profit taking strategies.
ZM Zoom Video Communications Options Ahead of EarningsIf you haven`t sold ZM before the correction:
Now analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 70usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $5.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ZOOM in a falling wedgehi Traders,
ZOOM has been in a downtrend for a long time.
The price has been forming a falling wedge pattern.
I can't see the price going much lower from where it's now.
ZM stock is cheap now.
You can wait for a price to break out of the falling wedge or you can start accumulating now when it's in the falling wedge if you want to be DCAing in this stock.
Overall, we're bullish on ZOOM.
Good luck!
8/20/24 - $zm - Long print at $59, r/r good8/20/24 :: VROCKSTAR :: NASDAQ:ZM
Long print at $59, r/r good
- report tmr/ wednesday. using today's down day to take advantage.
- all in... not my favorite tech stock, management or product but let's just think logically.
- net cash by a ton (40% of the enterprise value)
- cash generative (we can sort out how to grade stock options which i think they're doing wrong but again high level strokes here)
- net cash adj. PE on stock price of 7x, fcf yield either 5% (if you take out stock comp) or 10% if you leave it in. good.
- products are becoming more ai-forward. they're inching. the experience is still best in class even though it's a shame there's been very very (and very) little innovation in video calling. it's still better than teams and google has... well... idk... meet is an awful product.
- so all in. the options chain tells me ppl r only willing to rent upside beyond 65 and require a hefty sum to forego 60-63 territory. puts are cheap too which is telling.
- i'd guess the market is baking in a 5-10% move up. downside should be somewhat bid b/c of the reasons above. i'd also probably be a dip buyer.
so i'm a small 50 bps position into the print. not wed to it. but the r/r looks favorable all else equal.
what do u think?
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