Zoom(ing) In On A Potential Pitchfork PlayIn this update we review the recent price action in Zoom and identify the next high probability trading pattern and price objectives to target01:12by Tickmill4
supply areathe price is rallying into a weekly (yellow) and daily (blue) supply zone and I expecting the price drop from it.Shortby abubayan0
Zoom CommunicationsA buy setup after the formation of inverse head and shoulder. Wait for the break out and a retest if you want to take the trade. Longby SonsStocks221
Time for ZM long?Possible inverted H and S on ZM. Above all short term MAs and lets see if we close above the 100 sma today.Longby Falconium1
ZM - inverse Head & Shoulders in the making?I am watching to see if a breakup will materialise, and when it does, a high volume breakup will greatly improve the odds of this pattern succeeding. This pattern is formed over 3.5 mths+ which is rather short (6 months or more prefered), meaning it could face more near term resistences on the way up. If it could go above 135 eventually then the coast will be clearer. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!by Juliac0
Shorting $ROKU is a possibilityKeeping an eye on $ROKU for a move back to lows. The break of the trendline is bearish, 30-100$ retracement is likely.Shortby thinkCNE0
ZOOM BUY SIGNAL EMA13/48Technical analysis: The EMA13 / 48 crossover is currently giving a long signal. Buy pants on the foot right tomorrow. I don’t use a big lever for this trade because it may need room to start at the beginning Can be a good longer term swing trade tp at first 127Longby Heru790
ZM Short IdeaDownward channel for zoom on the daily. Just rejected the upper trendline and zone. Looking for an entry with a close below the yellow zone. Buying time on this play with the first trim at the next zone with being fully out of the play at the bottom zone.Shortby dting73
ZM 6/5/2022ZM Zoom Zoom, it can’t go any faster downhill. A lot of money was made here during Covid for obvious reasons. The party is over and I’m sure many “Investors” aka bag holders are still holding on. ZM’s Uptrend took price from 71 all the way to about 589. From there price first broke down thru the 50 ema but found support from the 200ema. It bounced price back above 50ema but that was short lived and the move was deemed a false breakout. This led to the price breaking below the 20ema and ending the Uptrend. Price now enters a sideways market. Price fell to around 288 where it bounced but failed to make higher high twice. A Distribution stage and Double Top pattern is created but pending confirmation. Sept.’21, price breaks down from side-ways range. Distribution stage and Double top are now confirmed. The next move is a pullback looking to turn Support into Resistance. At that time, we also have an Overbought Stochastic reading. This is the first opportunity to enter trade short. Overbought stochastic + pullback to resistance area + downtrend = Short trade. After the pullback, price enter downtrend and saw price go from 291 all the way down to 96. At 96, we saw another small pullback to dynamic resistance at 50ema with an overbought stochastic. This was the second entry to short. Price made a lower low to 83 and pulled back once again to dynamic resistance at 50 ema. We again have an Overbought stochastic reading. This will be my cue to enter trade short Will be entering trade short. Entry: 109.42 Stoploss: 128.80 Target: 61.29, +18.65%, 2.33 RR ratio Shortby rudcharts222
Zoom Video Communications, Inc.On the above weekly chart price action has corrected over 80% since the sell signal back in late 2020. A number of reasons now exist to be bullish , including: 1) The ‘incredible buy’ signal has printed. 2) Price action and RSI resistance breakouts. 3) Price action is back-testing past resistance as support. Is it possible price action falls further? Sure. Is it probable? No. 1st target $300. Good luck! WW Type: Investment Risk: <=6% of portfolio Timeframe: 6-18 monthsLongby without_worriesUpdated 1118
ZM High-risk Initial LongZoom High-risk Initial Long. SL and TP on the chart. 10-20x leverage. Move SL on TP.Longby loxxUpdated 1
6/1/22 ZMZoom Video Communications, Inc. ( NASDAQ:ZM ) Sector: Technology Services (Packaged Software) Market Capitalization: $31.645B Current Price: $107.65 Breakout price: $127.70 Buy Zone (Top/Bottom Range): $106.60-$71.30 Price Target: $189.60-$204.00 (1st), $249.20-$278.80 (2nd) Estimated Duration to Target: 181-186d, 300-312d Contract of Interest: $ZM 1/20/23 125c, $ZM 6/16/23 Trade price as of publish date: $15.90/contract, $27.10/contractLongby lord_catnip0
ZM and WTZ4 trade setupZM and WTZ4 is simple trade setup I usually apply for trading. Before using the setup, I also double check the higher timeframe (weekly chart) and find TD buy setup also. That might be another sign for reversal pattern.Longby surapats0
ZM Zoom Video Communications Earnings much better than expectedIf you haven`t bought ZM Zoom Video Communications ahead of earnings: Then you should know that yesterday`s P/E was 19.96 and it`s about to improve today. Cathie Wood has already bought more ZM shares yesterday ahead of the earnings! The adjusted profits were $1.03 per share VS Street forecast of 87 cents Revenues rising 12% to $1.074 billion. Margins improved to 37.2% Future adjusted profits between $3.70 and $3.77 per share Net income between $1.48 billion to $1.5 billion. My price target for ZM is $115. Looking forward to read your opinion about it. Longby TopgOptions7
What You Could Have Expected From Zoom's Earning Report?It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings. A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays. There are some things you can notate before you play an earnings report. Like how has the asset been performing leading into earnings? Has it been bullish? Has it been bearish? What's the overall sentiment surrounding the asset? How has the asset been performing against the market? What is the market doing? Does the overall market seem bearish or bullish. Does the particular asset move with or against the market? Don't just assume what the asset will do regardless of what the chatter is. Leading into it's' ER, Zoom has been in a continued downtrend like a plethora of other stocks. Seeing this, along with price action leading into ER. I could expect for Zoom to pop after hours, Why? One reason is that it has been in a steady decline. There were "trapped bulls" at the 107 area & price made a double bottom from the May 20th trading session into the May 23rd trading session around $85. Seeing that, along with price being in a steady decline & the chatter of a earnings beat. You could have went long with 95-107 calls with a SL at 85(even though SL's are no good post-market). Nevertheless, Zoom pushed to 107 after hours before fading. Again, ER plays are tough, but there is a method to the madness as well. If you played Zoom's ER, I hope you were on the right side of it. Catch yall on the next post.....Peaaaacccceeeee!!!! by DayTraderEarl1
Zm ideaThis scam is olmost lost all its gains since it was listed . Big Macd divergence observed , also weekly rsi is still severed oversold . Keep in mind that Zm earnings are today after the bell , should they beat estimates it would be a nice ride to at least 120 then 150 . Should they miss estimates then is bound to hit 62 support on the coming weeeks , so choose wisely good luck by Todopoderoso3
A lot of value hereWe have here a company that acquires value with the pandemic, now everybody is using Zoom to make video conferences, you can see the balance sheet improvement, the price is slightly high form the IPO price. If the monkey pox progress, this stock will go back to the $400 level.Longby AllAboutMoney0
ZM Zoom Video at 2019 levelZM Zoom Video earnings call is scheduled for Monday. The P/E is 20.23, while the price is similar to September 2019. I think it`s undervalued at this point and my Price target is $127. Looking forward to read your opinion about it. Longby TopgOptions9
ZMLONG-TERM: Bounced off support, classic bullish divergence, testing downsloping channel breakout. (not financial advice)Longby Champion-Vibe1
ZOOM will be ZOOMING SOON!5 Waves up, 3 Waves down...Ready to MOON? Invalidation: 78 GOODLUCK!Longby kouda972
IT IS NOW OR NEVER!!!ZOOM must reject and start going higher or will go to ZERO! TP: 700 GOODLUCK!by kouda972
ZOOM - Avoided -71% Losses by Following Long-Term TrendSign of Weakness in the chart: 1. Mark-Down Stages 2. Sign of Weakness with Bearish signal in Weekly chart Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stockLongby MartinTFWong1
Zoom will bounce and continue on down! This is what I think will happen with zoom over the next few weeks. We will continue to bounce from here and potentially hit my identified reversal zone. Look at my blue and yellow fibs there for confluence. My purple fibs are my elliott wave projection fibs which are currently estimating A=C. wave C could easily head to the purple 1.618, at which point we would keep an eye out for them heading to the next support zone. **(I am not sure why Trading view squeezes my chartwork together after I submit it as a public post, but you may have to decompress the x axis to get a better visual)**by Taco0o0oUpdated 116