If you missed my other calls on ZM: Then you should know that looking at the ZM Zoom Video Communications options chain ahead of earnings , i would buy the $75 strike price Puts with 2022-11-25 expiration date for about $2.80 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your...
This is not an advice! Just my notes and thoughts. It can only get better from here but who knows in this time with inflation, wars and more crisis. I am holding my buys. This price seems a sale.
Zoom has beaten earnings every quarter since flotation, earnings due very soon and stock is down over 80%. Fantastic buying opportunity with a nice ride up to resistance. Expect this one to rocket up, hold until next year at least if you can
ZM Zoom Video reached our Buy Area: As you can see in the chart, Zoom Video Communications, Inc. (ZM) reached our price target! Friday, before the close, at 16:29:37 someone bought 20300 ZM shares at $72.29 for about $1.5Mil. But that`s not all! Also before the bell i saw 9K calls worth $1.4Mil, with the following characteristics: 2022-10-21 expiration date...
M Formation on daily. This is to follow from the massive Inv C and H created in 2 years. But the smaller M pattern, is showing downside to $47.00.
Let's take a look at Zoom since its IPO in 2019. I think that Zoom could be another one of these stocks that is moving so much more like Risk and crypto that there is a good chance it finds its own base and bottom before much of the rest of the overall stock market etc. I think that these current levels are becoming quite attractive even for swing trades over...
Check out the trade plan for ZM today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you! Zoom has broken important support formed at $85. More importantly, we have seen 95% of gains happen since the pandemic has got wiped off completely by now. Still, the...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
If you haven`t longed ZM Zoom with me here: Then you should know that $80 is the price where i would long it once again after the second-quarter revenue miss. Looking forward to read your opinion about it.
ZM will continue to increase user base in the next few years even if work-from-home subdues. It has made a perfect ABC correction with A=C & is has been consolidating in the pre-pandemic 102 zone since Russian invasion started in Feb 2022. The risk of worst-case scenario is very low compared to the great upsides if a new EW cycle begins after ZM breaks above the...
Bad news for ZOOM and its investors. Although the company reported better than expected EPS on Monday the shares dropped on expectations for weak results in the next earnings season. The end of the COVID restrictions pushed people to return to work and rely less on video conference calls. The next price target is located at the major support level of $60 Risk...
Let me know your thoughts! Chart pretty much speaks for itself. We have; Trend based fib. Diamond reversal pattern forming on the right shoulder of a potential H&S. Earnings could be the catalyst that gets this stock moving along with a change in direction of the general market. Will look to see how it reacts at 105, strong support with follow through can be a...
Traders, Zoom has fallen from its glory and created exact same structure as that of stock bubble. Now that it has reached its actual mean and is also creating an M pattern, it looks like a BUY. However it will be a speculative buy and we must keep an eye on the Indices as well along its price action. On the other technical size, we have Bollinger bands squeezing...
I see the inverted head and shoulders . Also a small bear flag. Could try an entry from the flag and watch the level of the shoulders. I'll keep you updated on this idea!
Zoom reported strong numbers for its fiscal 2022, ended Jan 31, with revenue jumping a 55% year over year to $4.1 billion. Net income doubled to $1.37 billion as demand for its videoconferencing services went through the roof when numerous businesses scrambled to digitize and work remotely.
Zoom - Short Term - We look to Sell at 106.91 (stop at 126.13) Broken out of the wedge to the downside. The medium term bias remains bearish. We have a Gap open at 106.91 from 12/07/2022 to 13/07/2022. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 106.91, resulting in improved risk/reward. Expect trading to...
The stock presents a pattern of change in trend (HCH) in a weekly timeframe, in addition to this, the RSI indicator is presenting increasing highs within its movements represented by an upward trend line. We recommend buying at current prices with a stop loss at 78.80 and a take profit at 125.00 and as a second target in case the HCH projection is met, a take...
In this update we review the recent price action in Zoom and identify the next high probability trading pattern and price objectives to target