I WOULD GO LONG OVER 489, OR YOU CAN WAIT FOR THE 500 BREAK. TRADE IDEA: 502.5C BID/ASK .50/.55 (LOTTO)
it was suggested that the second Presidential Debate happen over zoom video.
ZM stands to suffer on any sense that the pandemic force winds are abating. A move below $470 from here could signal that shift. With LLY's new treatment, and REGN's emergence, and Chinese data showing massive population mobility, the stage could be set for the pullback to get traction here.
ZM has consolidated and formed a bullish pennant it is likely to complete or void in the next few days. Price depends a lot on virus news among other things. A break above the the pennant and break of 501.05 could lead to a gradual move to 544.67 by Oct 26. That move would be a continuation of an August uptrend that ZM still seems to be holding. A break below the...
We're at the end of this Triangle. 470 and 480 are the ideal zones to watch for a potential reversal. If price drops below 462, we could continue to see this go some more sideways as long as it remains above wave A low at 457.7.
ZM - Handle of the CUP will decide either run to $640 or dip to $420. Please choose either of the side only after confirmation. Good Luck.
$ZM is one of the leaders in our market and when its MACD and Stochastic looking to cross up, it could potentially breakout to the upside Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.
We may see a short term retracement, there is a descending triangle starting 9/23. Current support is at 460 (fib 0.382), if ZM breaks below the range and bearish continuation to lower structure, it may fill the gap @ 420. Lots of money is trapped at the top of these high profile tech stocks, traders will want to take their profit before the broader market deteriorate.
It is going to be bullish after breaking the triangle chart pattern. it might come along with a pullback to the chart pattern but at the end it is going to BULL!
I'm not an expert by any means, but unless some news comes out supporting the prolonging of "lockdown" or "quarantine" (promoting Working from Home for longer), I see ZM taking a solid dip, if not a dive if a daily candle closes below the 10-SMA. I'm seeing this idea supported in the RSI Bearish Divergence, Descending Triangle forming, and even the MACD indicating...
let't see if in the next candle of today of one hour chart if confirmed
XOM is an international oil and energy company with $200 billion of equity and and ~$30 billion of cash flow. ZM does videochats. Short ZM, long XOM
Last time when I predicted $868, I considered Wave 2 as Wave 1 due to its impulsive action. When I recounted, I realized that I counted wrongly. You can see the sub wave count clearly for Wave 3 & Wave 5 (Maximize the chart) in the chart. Also, ZM bounced huge at 0.382 & 0.618 Fib levels and parabolic curve topped at $529.74. 1 Week RSI & Stochastic RSI...
Look at ZM. Look at BYND. Tell me this isn't possible.
ZM is forming handle in the huge cup if it falls below $457 then could form double top and drops to $420 and if it dips below $400 then it signals end of rally.
Tomorrow, ZM may dip to $457.5 which forms a double bottom (handle) in huge cup and hit $640 in couple of weeks (timeline is just an assumption).
NASDAQ:ZM Support and resistance- pulled from 1 hour chart