Zoom Communications, Inc.
Long
Updated

ZM Long

223
📈 ZM Stock Update (Zoom Video)

ZM is forming a classic Cup and Handle pattern — a bullish continuation setup that often signals a potential breakout ahead.

✅ The cup reflects a strong recovery and accumulation phase.
✅ The handle is forming with light consolidation, indicating reduced selling pressure.
🚀 A breakout above the handle’s resistance could confirm the move, with a measured target around $87.50$

Keep an eye on volume during the breakout — increasing volume adds strong confirmation.
Trade active
ZM Stock 📈
Zoom (ZM) is showing strong momentum — now heading toward the first target at $87.50.
If it breaks above that level, the next resistance sits around $92.80, followed by a potential rally to the $103 zone.

I’ll be watching volume and price action closely as it approaches these key levels.
Trade closed: target reached
ZM Stock Update 📉
As expected, ZM reached the first target at $87.50, which we highlighted earlier.
After hitting that level, the stock has started to pull back, showing a healthy price correction following the strong move up.

I’ll be watching for potential support zones to form before the next push higher — ideally toward the $92.80 and $103 resistance areas.

Stay patient and watch how price reacts during this consolidation phase — it could offer the next solid entry opportunity.

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