Zoom missed its earnings target, which caused the recent drop in share price. The drop didn't go all the way, it stopped right on the ascending trend line. In my opinion, the price drop was too steep. ZOOM managed to increase their userbase and therefore their potential revenue. My take is that investors are noticing this and betting on a short term increase in...
Is Zoom consolidating while investors are waiting to see what happens with the COVID-19 vaccine distribution? If the vaccine takes longer than expected to reach citizens. If our habits have changed that we choose to work from where ever more than from the office. Then Zoom is headed higher for $450. Fibonacci time zones show December 9th as a day to watch for this...
ZM has been out of its channel for quite long time, If the trend line breaks, it is a good opportunity for the price rise to the lower channel line. Be aware that Covid-19 has a huge effect on ZM.
Although my direction was wrong, my risk management succeeded. Here I walk through what position I took, how I managed the risk and I how I see this trade playing out. ZM Zoom Earnings Naked Put Cash Secured Put Wheel Strategy Covered Call
Since Slack ($WORK) hasn't been doing as well as Zoom in the WFH space, I felt the need to look more into this stock. Do you all see the H&S pattern like I do? My drawing to outline it's direction isn't the best, but the market doesn't always give you the perfect pattern. I would look for a drop in price. However, we might see a move higher up before a big tumble...
Hype around Zoom is being replaced by hype around Moderna. P/E for Zoom declines from 600 to 450 as earnings grow. Forward P/E is currently estimated at 150 projecting further earnings growth. That's a lot! Forward PEs for Salesforce and Netflix are 65 and 56 respectively. If Zoom earnings grow 2x than projected and stock price declines by 33% then PE comes to...
Zoom has currently bullish riding an upward trend. Look for it to pass the 474 resistance pre-market and fill the gap to 503. It is trading above the MA40 and MA13. For best risk management practices, watch for the shift after the earnings are release monday evening.
n a little more than a week ZOOM has their new earnings call for Q3 2020. Investors are taking notice and have started to buy up shares aggressively. Trading earnings is a difficult and risky business, my advice would be to ride the wave and exit before the earnings take place. Much less stressful and risky. Consider Resistance 1 as the main resistance in the...
Could be forming a pennant looking for them to either break up or down. Looks like it is having troubles at the next FIB level could just need a boost in volume to start another uptrend. With things slowing down and more and more shut downs coming back keep an eye on a possible move in zoom!
ZM will either instantly break through $449 and find support, or it will pullback between $427(Trend Line/Previous Resistance)-$436 then bounce.
We are in a bearish channel, well defined, where the price is concerned. If in the short term, it confirms breaking the first support, the price has free fall until the second support. At that point is where I see, a possible change in the uptrend, respecting the second support and trying to break the bearish channel with force. Otherwise, if he does not succeed,...
$ZM got crushed hard on vaccine news and finally things are unfolding where trials are not painting a greener picture. On top of it, all companies which are announcing promising vaccine, their CEOs are selling huge lots of their stock and cashing out, which looks really -ve $ZM should be back to 500 levels and 600 levels in coming month. Pick some Nov...
SHORT ZOOM CHARTS SUGGEST A CORRECTION AND NEED TO FILL THE GAP ... FIRST TARGET 460 SECOND TARGET 445 FINAL TARGET 400 STOP LOSS 500/10
ZM is gearing up for a good move ahead of their earnings report November 30. Currently flagging, it is looking to clear a 419 resistance + breakout before pushing up to its next resistance around 446 to 451. If it can clear this level, it may attempt to fill the gap (modestly at the next resistance 477.50, or aggressively at 482.50). Ahead of their earnings, and...
NASDAQ:ZM After 37%(-222$) 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$) .