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)
Chart Summary: The bulls did the best they could to hold the main bull trendline on the head of the head and shoulders. After that the bears feasted and heavily and broke through 3 trendlines with relative ease. We are now working on the 4th trendline which I do expect us to break through with similar velocity. If bearish momentum declines significantly, my buy...
Retraced back to the previous support level of $460, after strong selling pressure over the last week. Looking for confirmation of this support zone for the uptrend to carry prices higher. Upcoming earnings on December 3 should help to bring additional volume to this trade in the coming weeks. If this support can hold: PT 1 = $490 PT 2 = $525 PT 3 = $550
Bull Case: Double bottom Target $532-$536 I hold $570 call for this week. For Alerts, I charge 5-10% of your profits (I get money only if you get profits). DM me for details.
Bull Case: Double Bottom Target $536+ Bear Case: Bearish Flag Pattern Target $480 I hold $600 call for next week. For Alerts, I charge 5-10% of your profits (I get money only if you get profits). DM me for details.
Based on Technical Analysis the idea is to go long, but just wait the end of the price retracement that could be found using Fibonacci retracement tool.
Zoom now has a market cap of $165 billion. It's 750% YTD and trades at a price-to-sales ratio of 126. Wow! I don't remember the last time I saw a stock rip like this with that kind of valuation and market cap. It is truly impressive, but also possibly slightly overextended. I have no position, but am watching closely. Zoom has become THE barometer for economic...
My buy zone and target for $ZM (Not financial advice)
NASDAQ:ZM Support at 455-460 area, this could be a good buy near the 9 EMA for a move higher. It has respected the 9 EMA in the past. I would expect this to at least test previous highs on the next leg.
ZM - As per the daily chart & the momentum it's looking good for an up move. Currently trading in the range of 490-495, take a buy position Proper stop will be 455 Upside it can touch 570-575 range Hit the like button and follow for more such analysis.
$ZM Bullish Descending Triangle After blasting off after ER and subsequently filling the gap down, $ZM ran to make new all time highs at $530. Following this, $ZM has consolidated and formed a clear Pennant with support at the previous ATH level (resistance turned support) at $480 (and also at $463). What is interesting to note is that the light-blue line down...
Once volatility settles down this stock might go to next level.
I WOULD WAIT FOR 500 TO GO LONG. TRADE IDEA: 520C 10/16 BID/ASK: 8.70/8.90 Zoomtopia is on Oct 14-15 this week.
ZM has broken out of its wedge and is planning a move upward. It has already retested the broken wedge.