5ZM trade ideas
Bullish ZoomAfter strong Q1 and Q2 earnings. With fears of delta covid variant. It seems that Zoom stock is about start a bull cycle.
Beside the strong fundamentals and supportive circumstances. This convintion is also build upon chart technicals where the price has broke through a falling channel, and now testing the upper trend + 50 day moving average.
As shown the candle stick is making a bullish hummer at the daily close which makes a positive Sign for a long entry.
First target price is $440 and the second $500 with a chance for further upside. However, this play may takes sometime and hence patience is required.
ZM Potential Inverse Head and Shoulder forming You can either wait for the breakout of the Inverse H&S
or enter over 360 for a day trade pts: 365, 368, 373, 378
MARKET ALPHA NEWS - ZMNASDAQ:ZM
Big news alert over the weekend where Zoom agrees to buy Five9 in an all stock deal valuing the company at 14.7b
Here is a chart to reference as market opens. We may see a big reaction either way. It's very difficult to predict how this market interprets news these days. It's best to just be prepared.
ZM ShortWith lockdowns ending I can't see how this will keep ripping upwards. Look at the channel, you can clearly see it hit a top and is turning back down.
Zooming inWell it was a great rally to $400 after the post
For now its in correction and with the first target of $330.
SWING UPDATE: ZMHit my first short PT, watching for bounce back up to the $360s or a drop to the $349 level. Still bullish.
Not financial advice just my opinion.
SWING UPDATE: ZMYikes looks like it broke support at the end of the day, still have hope. Maybe a bounce off the 200 EMA.
SWING IDEA #16: ZMI really like this swing setup and I am mainly bullish, looking for a run back to the $400s. Overall flow looks bullish. If it breaks below the $363.80 level, PT 1: $355.50, PT 2: $350.05, PT 3: $330.
Not finnacial advice just my opinion.
ZM - BIG MOVE COMING SOONAll,
I think ZM is at an absolutely critical area. This will either break up big time or break down and retrace wave 2? This is a wait and see and follow entier market direction with it. I potientally see it going for a retrace then breaking. However it's almost right over the edge of breaking. WW for sure.
ZM break out of the weekly and now retesting itThe weekly wedge break out on ZM and now is backtesting the break out.
Look for a fast move up outside the BBands for LONGLook for a fast move up outside the BBands for LONG And scale out as the price crosses back into the inside if the bands.
Cup and HandleNot to long entry level as of yet. Intra-year cup and yearly high is 588.84. Yearly low is 230.
Mid cup is 362.49 and cup depth is 178.57
Handle low and mid cup often provide support.
Targets are calculated using cup depth.
No recommendation.
-6 juli 2021 trading analysis ZM
-6 juli 2021
trading analysis ZM
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
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good luck, and happy profit
see you for next update
#keep learning bakkarianz metode
ZM to the MoonHonestly just look at this beauty. ZM shot off last year to the moon during the height of the pandemic and then fell into a corrective channel making it all the way down to the .618 of the Fib retracement before starting to jump back up. Assuming this could be the low, we're now at the .236 of the fib extension which also happens to line up with the top of the channel. Will we shoot to the stars? Will we fall back into the channel? Will start a new trend and move sideways? Time will tell, either way I thought this was too cool to not share. Watch ZM carefully my friends, we're hovering around key levels right now.
Zoom - R1, Easy 👍-With Zoom's stock spiking recently, it's clear that investors are once again positive about the company's future. And with some areas around the world still at the beginning stages of a COVID-19 vaccine rollout, it's possible that demand for Zoom's video services could continue for quite some time.
-For example, Sydney, Australia entered a temporary lockdown recently, and only 4% of the country is fully vaccinated.
Acquired Karlsruhe Information Technology Solutions Zoom has agreed to acquire Karlsruhe Information Technology Solutions - Kites GmbH, a German-based a start-up developing real-time machine translation solutions.
Zoom heading back to prior highsZoom should head back up to prior highs at this point
- Completion of ABC correction
- Pullback to .618 fib
- Accumulation on each dip
6/28 ABNB(1) support: purple zone
(2) ABNB is out of the downtrend, after it stays above 412, we will be ready to see ABNB go up
ZOOM Out, Bullish Opportunities
Hi traders:
I am also looking at ZOOM for the next bullish impulse phase.
We can see price had a strong bullish impulse up since Covid, and continue to push higher.
After reaching close to $600, naturally price begin to consolidate and correct into a descending structure.
As we know price needs to correct after a strong bullish move, the consolidation phrase begin.
The latest price action however, has manage to breakout of the continuation correction,
so would be best to wait for a lower time frame continuation correction to form and complete, then look for the next buy to the top.
thank you
