Zoom to Drop to $230The wave analysis shows it could be doing a Wave C down. which will take its price down to 230. Shortby iTradeAIMSUpdated 224
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.by CIRTrades0
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.Longby Todopoderoso0
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" by RyodaBrainless111
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 : )by GioThaKingo0
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)Longby anjeltrade2
Zm stockGetting obersold on the daily getting some calls for this one. Crude scalp on the 1hr says buyLongby Todopoderoso3
$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 $273 before having a pull back, however that pull back failed to reach a lower low. AND an uptrend has started Failure is an option! Some factors that support ZM falling can be fundamental such as ZM being investigated by the DOJ or even from a technical stand point that ZM failed to break through resistance last Friday. Conclusion I am a high risk high reward trader and have been very successful My track record is what keeps me going even when losses occur. I am confident in my trade for this week and would love to hear your thoughts in the comments. Longby Myantman1013
ZM$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 daysby CIRTrades112
$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 Shortby Ubaidy1000
$ZM - Falling wedge with RSI divergence, watch for breakout$ZM - Forming falling wedge with RSI divergence in hourly towards demand zone, watch for breakout of the trend line for callsLongby SrjInfinity334
$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. Shortby AlphaTradersInc0
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! Longby davidvid96223
$ZMThe company's name quickly became a verb as friends, family, and co-workers tried to stay connected. And Zoom overcame the unforeseen challenges that resulted from heavy consumer usage of a product that was intended for businesses. Now that growth is coming back to earth, the stock has fallen 51% from its high last year. Despite that, there are several good reasons to think Zoom could stage a rebound. And one reason it might not. In the second quarter of last year, Zoom saw sales climb more than 350% and customers with more than 10 users jump over 450%. That led to some issues. Management pledged a 90-day moratorium on feature development and dedicated all of its time to security and privacy. It executed its seven-point plan and avoided what could have been a growth-crushing problem. Zoom continues to innovate. Recent announcements at its Zoomtopia conference include video voicemails, whiteboard, and live translation. It also highlighted applications for high-touch use cases like doctor visits and wealth management. Some might argue none are revolutionary. But the incorporation of all of these tools into a video communications platform makes it a compelling product for the enterprises it is targeting. On the technical side of things ZM is currently sitting at support while it’s formed a descending triangle. We can also see that the MACD is curling w/ the RSI sitting at an oversold level on the daily chart. I suggest keeping this on your watchlist. - Factor Four Side note; Regardless of the pattern it doesn’t mean I’m bearish on ZM. I’m actually fairly bullish long term.Longby TheBlankFund2
ZM: Bullish Harmonic PatternZOOM is tested the previous low at $274. Any break below that price area will increase the chances for more downside up to $254 where the price may find the next strong support zones. So the reversal zone that I am looking at is between $254 - $274. Targets: 322 354.50 Thank you and Good Luck!Longby KlejdiCuni3333129
Zoom heading for buy zone encountered in Summer. Zoom heading into last summer's buy zone, if we don't find buyers here time to load up the puts on $arkkLongby Arete-HIUpdated 1
$ZM key bounce/institutional entry!Zoom is bouncing... Just look at the daily candles leading up to our 3.40% bounce on friday 9/17, they couldn't have looked better than that. You also cannot ignore the oversold RSI on the daily, we have NOT seen this since the last time Bernie Sanders had a heart attack, which was in October of 2019. I love the entry here just waiting for a trigger and confirmation, the technical side of $ZM doesn't even look nearly as good as the potential fundamental side this company has in the near future. I wanna keep this short, please do your own research.Longby UnknownUnicorn16468156110
Pull Back FishingPossible double bottom. This pattern was looking like a bullish bat, but passed the .886 fib level and hit the prior bottom. Double triple and multiple bottoms can form solid support. It shows a level where bulls make a stand and were not letting price fall any further. I am keeping an eye out to be sure 2nd bottom holds. This can be a level of strong support, but support and resistance levels were made to be broken. There is only one candle at this 2nd bottom as I type this, but the 2 bottoms are very close in price. Possible stop under lower of the two bottoms or 273.20. There is pocket pivot there as well. Sometimes it is a good idea to tuck your stop loss somewhere that everyone else is not using as a stop level in case Mr. Market goes stop hunting. Several bearish moving average crossovers above but that is not unusual at the bottom. There will be resistance overhead and possible short lived rallies up as sellers sell that are stuck up there somewhere. Former parabolic arc so possibly still some volatility lurking around any corner. All time low is 59.54. All time high is 588.84 No recommendation.by lauralea226
ZM In Weekly in the week frame all the components of ichimoku are down, and the chinkou can cross the cloud if he close this week under 295 ,if that happen we can confirm the end of Bullish trend. if he close above 295, the bullish trend continue...Shortby challenger_manUpdated 1
Zoom Analysis 16.09.2021Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I would also appreciate, if you would smash that like button and help me to create more free analysis like that. Thank you for watching and I will see you tomorrow!03:52by basictradingtv5519