Reasons for bullish bias: - Price bounced from support - Positive earnings - No divergence Entry Level(CMP): 67.14 Stop Loss Level: 59.92 Take Profit Level 1: 74.36 Take Profit Level 2: Open
If you haven`t sold ZM before the previous earnings: Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week, I would consider purchasing the 61usd strike price in the money Calls with an expiration date of 2024-3-1, for a premium of approximately $3.95. If these options prove to be...
Nothing crazy here but NASDAQ:ROKU continues to follow that downward trendline and respects the previous supports broken. If this turns down from the current test of resistance then the short play is intact. BUT if the trendline is broken along with resistance, then this setup is nice to take long considering that the RSI indicator appears to be bottoming a well.
ZM longs have been absolutely eviscerated since 2020. One of the quintessential names of the 2020 exuberance, it has since seen a 90% drawdown from the 2020 high to the 2023 low late last year. However, ZM has seen a trading range between 60 and 75 for almost a year now. This basing has clear analogs to Wyckoff accumulation, and the failed breakdown in October...
Thank you as always for watching my analysis on NASDAQ:ZM Please feel free to like, share, and comment this post!
If you haven`t sold ZM here: or ahead of the previous earnings: Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week, I would consider purchasing the 60usd strike price Puts with an expiration date of 2023-11-24, for a premium of approximately $1.25. If these options prove to be profitable prior to the...
I'm short $ZM since earlier today, I believe it has peaked here. Investors are likely to take profits now that competition has increased dramatically for them. They thrived when the world was locked down due to the threat of COVID-19, but now that vaccines will be widely available and distributed globally very soon, holding shares has become extremely risky. I'd...
The price drop slowed down on an all time low demand zone. And as per the price action, it seems we might see a small trend reversal up to $70 area where the price will hit strong supply area. But if the price closes below $60, we will have to reconsider our entries.
looks like some folks are booking gains opportunity to upsize forstrong hands or get on board when banker is done shorting
ZM confirms a bullish breakout on the trend line and also the triangle formed after being supported at the highlighted zone. Here we are expecting a continuation in the rally to the upside on both hourly and daily timeframes.
Will this week confirm? If so, there's a high probability of a test of the mean (middle) band.
If you haven`t entered ZM here: Or sold here: Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week, I would consider purchasing the 66usd strike price Puts with an expiration date of 2023-8-25, for a premium of approximately $3.45. If these options prove to be profitable prior to the...
Zoom Video was a darling stock during the pandemic when office workers were sheltering in place at home and communicating via video chats. Price hit a high near $600 in Q4 of 2020 and has fallen roughly -80% to current levels where it has levelled off and appears to be forming a bottom in the $70 range. Currently price is attempting to hold and trend above the...
Hi, according to my Zoom video stock analysis. There is a good buying opportunity. The stock exited the downward channel. And breaking the resistance at level 70. We also notice a very strong positive green candle for the daily time frame. And there it started to form an ascending channel to the top. Good luck everyone
This could very well hit 100 by end of October. Hoping market will be bullish july-Oct for this to happen.
Zoom Video Communications (ZM) is facing tougher competition and slower growth now that the COVID-19 pandemic is over. Their success in the corporate market will determine their revenue growth and stock outlook. Zoom's stock has declined by 2% in 2023 and dropped by 63% in 2022 due to a slowdown in revenue growth. Although Zoom reported better-than-expected...
Zoom is showing a pre-earnings release run up out of its extreme low, ahead of its Q1 report today. The current run's pattern is indicative of professional traders swing trading with earnings strategies; they tend to take profits on the report since they bought at the low. While revenues are likely to come in below last quarter, earnings should improve over the...
due to the price pattern has formed in the last 3 years, it seems we are going to have a potential big move on $zm. breaking the trendline has been marked on the chart would be a great trigger to buy(long). target of the upcoming move will be updated on comments.