If 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...
ZM 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.
Zoom made a nice falling wedge structure and now after the breakout and pull back formed the minor bearish trend showed another breakout and bullish reversal. Here I expect a decent correction on the fall we have seen on Zoom.
ZM & IBB Biotech have both came back down to 2019 pre-pandemic levels.
Pls see my previous ZM post for the chart of IBB. Sorry got confused by similar chart.
ZM just BO above the falling wedge.
Some consolidation probable as ZM may be bottoming.
Not trading recommendation
This level seems to be a good place to buy but marrkets may remain irrational due to bad sentiment, inflation & geopolitical tensions.
Technically, ZM may first consolidate & create a bottoming base coz ma20 is still far above.
Investors may find this zone attractive to accumulate some shares. Zoom meetings are not going out-of-style yet even after pandemic.
Not...
A mega cap, a large cap, a medium cap, a small cap, and a micro cap stock walk into a bar. The bartender looks at them and says, "What do you want?" They all reply, "A Shot!"
Well lets give these stocks "A Shot!" by taking a look at their price performance over the past 52 weeks and evaluating whether they are a "good buy."
Mega Cap: Facebook or Meta (FB) has...
After a very nice couple of days ZM is setup for a slight fall. The two purple boxes show recent gaps and I suspect one if not both of these will likely fill in the next day or 2 (or 3). Below those you can see some yellow dotted lines which are also gaps from early 2020 before COVID hit. Will those fill too? Not sure - we were very close the other day when the...
Not financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Zoom Video Communications, Inc. provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone...
Hi,
Just an idea to look for fundamentals because Zoom's price trades near $100. Technical analysis suggests that we can see a short-term rejection from the shown area.
Criteria:
1. Round number $100
2. Channel projection
3. AB=CD
4. Fibo Extension
5. Previously worked resistance level becomes support
6. Possible rejection from the bottom of the range
Do your...
Unfortunately, COVID darling ZM ZOOM looks to be headed to the 107 area and possible 100 over the next few weeks. A relief bounce could temporarily get it to the $170 range, but ultimately will fail. I'm a buyer for swing shorts on any green day.
Support at $105. Support will hold because RSI is oversold & Zig Zag ABC correction is coming to an end. Easy outlook! Have hedges up to $100 in case of a wick. Good Luck!
NEXCF has just broken its long downtrend line which is usually due to some fundamental change in the company and trajectory of cash flow. The company has rebranded more into an AR 3D marketing company. They still have their digital edtech app and online conferencing but the reposition was a wise one considering the pandemic is coming to an end and many employees...
