Covid cases increasing expect more schools to close like New York and more business to move back to more online. Look for candle formation to form at S/R level and then look for entry.
SHORT ZOOM CHARTS SUGGEST A CORRECTION AND NEED TO FILL THE GAP ... FIRST TARGET 460 SECOND TARGET 445 FINAL TARGET 400 STOP LOSS 500/10
ZM is gearing up for a good move ahead of their earnings report November 30. Currently flagging, it is looking to clear a 419 resistance + breakout before pushing up to its next resistance around 446 to 451. If it can clear this level, it may attempt to fill the gap (modestly at the next resistance 477.50, or aggressively at 482.50). Ahead of their earnings, and...
I checked the news on the periods where the market reached peaks and crashed for the last couple of months. The crash on Sep 2nd happened after an insane euphoria triggered by the Apple and TSLA splits and the earnings by ZM. The market crashed all the way into late September. A subsequent rally was fueled by the expectation of the Apple event and Prime day. But...
NASDAQ:ZM After 37%(-222$) of Downtrend... Buy The Dip! (especially if it's a big cap like Zoom) The Corona will not end soon, the world has changed and zoom here to stay. There is a multiple bottom on trend line, also 401$ is around a strong whole number (400$) .
ZM Bearish – Lower high in 1D chart . For this play to work we need : • Zm to go back to 420 – 425 and reject , come back down from here . • Zm to go back to 436-440 ( Red line ) and reject . ** This trade will not work if we break above 440 . Target for this trade : • 1st Target 400 -397 • 2nd TG 390 • 3rd TG 370- 368 • 4rd TG 345 • Last target 300 – MA...
NASDAQ:ZM The Idea is to go long as per major trend. Target price 580 USD.
Would been keen to hear any thoughts from other traders. I believe ZM has potential at least until end of the year at current prices.
Updated using cycle analysis (weekly and day chart). If this plays out, I will look for the entry after earnings. Entry = 380-390 After Earnings Exit = 450-460 Stop = 340 Please comment -- always looking for suggestions and new perspectives.
NASDAQ decides the future of TECH stock movement. Breaching 11968 will Invalidate H&S pattern and confirms UPTREND. Falls below 11800 will obeys H&S pattern and drops rock solid 7% and confirms DOWNTREND!
Oversold trend may be reversing. If Biden comes into office, potential for more near term lockdowns and continued work from home trends/companies to pick back up DYOR and place your bets...
Vaccine Update: PFE announced extremely positive results today. Sending ZM plummeting and disregarding the current technical trend. This isn't surprising as the value of the stock was highly speculative on the uncertainty of our future and covid. Now we are entering a phase called "price discovery" This is when price action searches for an agreed price between...
Quick update on how ZM opened up today. It looks like we are breaking out of one of our biggest concerns, the rising wedge we developed over the last few days. I'll continue to update this chart as it looks like we could be regaining our important trendline structure. NASDAQ:ZM
if ZM breaks todays daily high, or low tomorrow, expect a break in that direction to the targets i've set.
Bull Case Target $474 & $503-$524 (Last Pump)
Bull Case Target $494 & $503-$524 (Last Pump)