the price is rallying into a weekly (yellow) and daily (blue) supply zone and I expecting the price drop from it.
Zoom High-risk Initial Long. SL and TP on the chart. 10-20x leverage. Move SL on TP.
Zoom Video Communications, Inc. ( NASDAQ:ZM ) Sector: Technology Services (Packaged Software) Market Capitalization: $31.645B Current Price: $107.65 Breakout price: $127.70 Buy Zone (Top/Bottom Range): $106.60-$71.30 Price Target: $189.60-$204.00 (1st), $249.20-$278.80 (2nd) Estimated Duration to Target: 181-186d, 300-312d Contract of Interest: $ZM 1/20/23 125c,...
If you haven`t bought ZM Zoom Video Communications ahead of earnings: Then you should know that yesterday`s P/E was 19.96 and it`s about to improve today. Cathie Wood has already bought more ZM shares yesterday ahead of the earnings! The adjusted profits were $1.03 per share VS Street forecast of 87 cents Revenues rising 12% to $1.074 billion. Margins...
INVESTMENT CONTEXT Equity markets took a breather on May 23, as operators reacted positively to U.S. President Biden commitment to review Trump-era tariffs imposed on China Accumulated gains are now being quickly given back, as futures on May 24 point to red territory for both S&P 500 and Nasdaq (dropping 1.21% and 1.88%, respectively). Snapchat (SNAP) in...
It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings. A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays. There are some things you can notate before you play an...
ZM Zoom Video earnings call is scheduled for Monday. The P/E is 20.23, while the price is similar to September 2019. I think it`s undervalued at this point and my Price target is $127. Looking forward to read your opinion about it.
Over the past two years, technology companies have enjoyed explosive growth as investors were upbeat about the prospects for the sector at a time when people relied on technology to stay connected while cooped up in their homes. Internet firms like Zoom Video Communications (NASDAQ:ZM) were among those to reap substantial gains from the tech boom during the...
When in doubt, zoom out. - Author: Reggie Watts I do believe that everything can look beautiful if you look at it from outside. The closer you zoom in, most of us exhibit behaviour that is strange to someone from outside. - Author: Susanne Wuest
This is what I think will happen with zoom over the next few weeks. We will continue to bounce from here and potentially hit my identified reversal zone. Look at my blue and yellow fibs there for confluence. My purple fibs are my elliott wave projection fibs which are currently estimating A=C. wave C could easily head to the purple 1.618, at which point we...
Zoom made a nice falling wedge structure and now after the breakout and pull back formed the minor bearish trend showed another breakout and bullish reversal. Here I expect a decent correction on the fall we have seen on Zoom.
Zoom Stock is now on a harmless point and can rise up until the Highest price it was and the only thing it want is Patience. Buy@ 100$ Stop loss@ 40$ Take profit@ 750$ it is so important to buy in several price and step by step... Follow your money management and do not be greedy.
A mega cap, a large cap, a medium cap, a small cap, and a micro cap stock walk into a bar. The bartender looks at them and says, "What do you want?" They all reply, "A Shot!" Well lets give these stocks "A Shot!" by taking a look at their price performance over the past 52 weeks and evaluating whether they are a "good buy." Mega Cap: Facebook or Meta (FB) has...
After a very nice couple of days ZM is setup for a slight fall. The two purple boxes show recent gaps and I suspect one if not both of these will likely fill in the next day or 2 (or 3). Below those you can see some yellow dotted lines which are also gaps from early 2020 before COVID hit. Will those fill too? Not sure - we were very close the other day when the...
Short squeeze coming soon to a theatre near you.. $150 $180 $299 $400
Zoom Video is at the all time .886 retracement. One could buy this here for his longterm depot and just let it sit and grow. Stay safe !
Let's just say, it's a good company, and I like the technicals. I'll be looking for a reversal pattern to confirm long. Updates to come!
Hi, Just an idea to look for fundamentals because Zoom's price trades near $100. Technical analysis suggests that we can see a short-term rejection from the shown area. Criteria: 1. Round number $100 2. Channel projection 3. AB=CD 4. Fibo Extension 5. Previously worked resistance level becomes support 6. Possible rejection from the bottom of the range Do your...