ZOOM VIDEO Stock Chart Fibonacci Analysis 030123 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 70.6/61.80%
1ZM trade ideas
Zm stock Lol don’t understand why even after the earnings report this stock hasn’t move at all got in at around 74 it was up but quickly reversed just like SQ also very similar structures both have support at 70 . I really don’t see it go any lower than that no reason . Unless the stock market crashes.
Zm stock Grabbing some calls here after todays dip I don’t think the market breaks lower in the coming weeks . Zm earnings for Monday and they have beaten every single estimates . But the stock has crashed from 500 to 73 since peak I think it has a potential to start to go up this year. also still holding my SQ calls for a few more days . Unfortunately I hedge with Puts and the market didn’t move as expected so am at near break even right now .
Potential swing trade with ZOOMInformation and ideas are on the chart.
Potential longer term play in Zoom.
Not financial advice.
TryingZM is trying to form a pattern and it appears to be a cup.
I do not see a true handle yet.
Short interest is around 6.85%
Earnings are 2-27 AMC.
No recommendarion
$ZM 2-2-2u continuation on the daily and strong close above 9EMA$ZM with the 2-2-2u continuation on the daily and strong close above the 9EMA
Calls over $80.80
Target $84.44
Puts under $76.99
Target $74.25
🧐ZOOM: Is Zoom a Good Stock to Buy❓❓❓🧐ZOOM: Is Zoom a Good Stock to Buy❓❓❓
In this video, we'll go into some detail about Zoom and why it might be a good buy.
I have looked at some details about the financial statement and
also the current price position of the technical analysis.
Thank you and Good Luck!
Zoom Inc Time FibsLooks like Zoom has retraced pretty heavily. At this point I'm expecting an upcoming reversal at least for a pullback from this massive decline.
Price must break out of the channel to trigger new wave of bulls for a complete market reversal.
To ensure that bears are shaken off the market, price must draw a cycle on the bottom like a pattern in blue circle. (Double bottom)
Fib 2 is at 17 Feb 2022
Breakout of falling wedge pattern in $ZM ZoomIn this script we see a nice falling wedge pattern formed and a breakout is seen on daily and weekly charts.
The failure rate of falling wedge pattern is around 8-15% so its a high probability setup.
Based on setup targets can be 88, 120 with stop-loss around 73 or 66 based on daily closing basis.
any dip from here can be good point to enter.
Zoom looks like a good longZM seems to be on the verge of a breakout here. If we can see a nice close I'm going to be picking up some calls
ZM 27 JAN 68/70/72 BUTTERFLYSIDEWAYS SET UP:
Detailed Definition of setup and what market conditions are desirable:
Since January 9th ZM has been in a sideways set up with no real trend making relatively equal highs (72.16)/lows (67.67) and a flattening 20-day & 50-day SMA's.
Detailed Definition of the trigger (entry point) used to enter positions
I'll be using timeframe as a trigger, not stock price. I'm giving this until Jan. 27th targeting 70.
Detailed Definition used to determine Stops (abandon or adjust)
No stops. I'll be set up for max loss.
Detailed definition of setup and desirable market/sector conditions
Communication Services sector has a +2 outlook, however, the stock is not in a strong rally or pull back with stable volume in the sideways channel.
Detailed definition of charting criteria needed to enter positions
Because there is stable volume and it's been consolidating the last few days, charting criteria checks off with my theory.
How strike prices and expiration dates are selected
If you take a look at the the daily chart, I'm using the body of the candle that was established on Jan 9th as an anchor. So this is how 70 was determined for the target. On the hour chart, you'll see a more defined channel ranging from 72.16 and 67.67.
Position management strategies when the stock goes lower
If this goes lower I'm set up for max loss and I'll move on to my next trade.
Position management strategies when the stock goes sideways
If this trades at 70 by this Friday, I will close out the entire combo and take profits. The yellow downtrend line is draw on my daily chart from the ATH and touches the high on August 5th 2021. If this stays at 70 on the hour chart, it should touch the yellow trend line by Jan 18th which I would expect some reaction maybe. This is another reason why I put this out until the 27th. Now, when this IPO'd back in 2019, it was right in this area which is part of another reason why I think it'll continue to trade in this range until next earnings which is scheduled until end of February.
Position management strategies when the stock goes higher
If this goes higher, I'll be set up for max loss and I'll move on to the next trade.
Position management strategy at expiration
In the event that this is not trading at 70 by this Friday, I will hold this until expiration to see if it'll come back into the apex of the trade. Either way, I will update my notes here as the trade unfolds.
Zoom rallies to be capped.Zoom - 30d expiry - We look to Sell at 77.77 (stop at 82.43)
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
The primary trend remains bearish.
The stock is currently underperforming in its sector.
20 1 week EMA is at 78.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 66.10 and 64.10
Resistance: 72.17 / 78.00 / 81.50
Support: 68.00 / 66.00 / 63.55
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ZM 01/20/23 65PCovid is almost over, plus china will open up. ZM is very close to its IPO price, it retest the current low 70 level couple times. I bought put on 11/30 (1 day before powell speech). My first target is IPO price which is 65.
ZMNo position for me (too many positions already), but this looks like it could hit a new all time low quick.
Zoom approaching all time lows.Zoom - 30d expiry - We look to Sell a break of 68.68 (stop at 71.71)
Trades at the lowest level in 34months.
Price action continues to trade around the all-time lows.
We are trading at oversold extremes.
This stock fell 3 % last week.
Short term momentum is bearish.
A break of the recent low at 68.88 should result in a further move lower.
The bias is to break to the downside.
Our profit targets will be 61.11 and 60.11
Resistance: 73.00 / 77.30 / 80.00
Support: 68.88 / 65.00 / 62.00
Disclaimer – Saxo Bank Group.
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RectanglePrice is near the support line of the rectangle.
Targets in green above the structure are targets to the upside with T1 in larger type than T2.
Targets to the downside are in orange type.
No recommendation.
ZM to 92ishI'm really liking the look of this setup, although I am bearish on the market overall, this one has a solid setup. Looks like it will hit its target within a week or two.
🟢 Zoom - 1D (12.10.2022)🟢 ZM (Zoom)
TF: 1D
Side: Long
Pattern: Bullish Divergence
SL: $65.52
TP 1: $82.09
TP 2: $89.30
TP 3: $95.13
Spotted some bullish divergence on Zoom on the 1D time frame.
You can buy now and DCA if the price reaches the red area or wait to see if the price goes there first.
ZM ( ZOOM VIDEO ) LONG 4H ( 11.23.2022)Cut its annual revenue forecast, hurt by inflation dampening the spending power of customers and by people using online video-conferencing less with the easing of pandemic restrictions. Zoom chief financial officer Kelly Steckelberg said during a post-earnings call that the company’s online business would decline nearly 8% during the year. The stock has fallen more than 60% this year, the company said it now expects annual revenue to be between $4.37 billion and $4.38 billion, compared with an earlier outlook of $4.39 billion and $4.40 billion. The company, however, raised its annual adjusted profit per share to between $3.91 and $3.94, compared with $3.66 to $3.69 forecast earlier. Revenue for the third quarter ended Oct. 31 rose 5% to $1.1 billion, on the back of a 20% increase from high-paying enterprise customers.
how low are you going (UPDATE) Zoom is looking like a stall and we are not on Friday yet It was previously inside and down. So the question is which side of this is going? it was someone we knew. the question is are we going to expand this triangle or?
ZM Zoom Video Communications Options Ahead Of EarningsIf you missed my other calls on ZM:
Then you should know that looking at the ZM Zoom Video Communications options chain ahead of earnings , i would buy the $75 strike price Puts with
2022-11-25 expiration date for about
$2.80 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
ZM :: Sell 80/90 Dec '22 call spread for 2.20Post ER play on ZM - Not expecting ZM to cross last ER's close. So, initiating a credit call spread.
Break even till 82.20
$ZM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ZM after a Negative over reaction following its earnings release placing the stock in drift C.
