Zoom is a great company to hold on to , But you cant judge based on shorter timeframes. You need to start Dollar Cost Averaging in this Range for the next 18-24 months. This is where the consolidation happens. I have 200 shares and ready to buy 400 more for the next 2 years, I am long in 5 years time horizon, but in the near term 180-190s is in the cards, Hence Short.
If you haven`t bought ZOOM at the 52 week low:
Then you can see on lower timeframes that it has formed a Bullish Pennant with a price target to the next resistance of 239usd.
You can see a gap between 227 and 239usd, so it will be easy if it passes the 227 resistance.
Looking forward to...
Zoom Video Communications, Inc. (ZM) 52 Week Range: 195.80 - 486.83
Now the price is 206usd.
Bank of America has a price target of $270.00 for ZM
My safe price target is the 241usd resistance, as you can see in the chart.
Looking forward to read your opinion about it.
A bump and run can be observed from the ascending channel being formed
Bump when the price moves above the channel
Run when price declines back towards the channel
This is known as a "Bump and Run"
Price can also seen to be sitting at the .5 fib level from its ATH
Good buy entry for long term
Thursday, 25 November 2021
11:58 AM (WIB)
Zoom Video Communications also has good opportunity for buyers on long term transactions with might be more of 140% ROI in One year.
"Live to Ride and Ride to Live"
The company's name quickly became a verb as friends, family, and co-workers tried to stay connected. And Zoom overcame the unforeseen challenges that resulted from heavy consumer usage of a product that was intended for businesses.
Now that growth is coming back to earth, the stock has fallen 51% from its high last year. Despite that, there are several good...
Zoom is bouncing... Just look at the daily candles leading up to our 3.40% bounce on friday 9/17, they couldn't have looked better than that. You also cannot ignore the oversold RSI on the daily, we have NOT seen this since the last time Bernie Sanders had a heart attack, which was in October of 2019. I love the entry here just waiting for a trigger and...
Hello traders and investors!
Today we will talk about single stock ZOOM, in which we see pretty nice and clean pattern.
As you can see, ZOOM made quite big decline since October 2020 till May 2021, lost more than 50%, but it looks like a three-wave a-b-c correction within a higher degree wave 4, especially if we consider recent strong and impulsive bounce from...
Hope the last trading week was in the green for all of you.
Back with a flag and pole on a daily and weekly time frame on ZM (this chart is on a daily).
Good entry point if the daily takes support of the trend line and closes above the previous low.
Stop loss just below the support trend line of the flag ( see red horizontal line ) .
My entry is...
Zoom is trying broke to falling trend. I think position is long but firstly, we should see approve this broken for enter to position. Approve is that will be broken red line and 12-18 hours stay above the line. Otherwise, falling trend will be continue. So, if you did into long position without seeing approve. You may will lose. 👀🚀
Hi every one
ZOOM VIDEO COMMUNICATIONS
this is an update for our recent zoom stocks analysis. as you can see the falling wedge which we talked about in the last analysis has been broken by the price ,so now with more assurance we can
say that the zoom stocks is about to increase to the top of this wedge once again! now the price is doing a pullback after that a...
Charting for a friend.
On the 1D chart, it looks like Corrective Wave C is underway.
Target price range to look out for is between $194 to $261.
Recommendation would be to wait on the sidelines with your dry powder, on this one.
Hello traders and investors!
Today we will talk about Zoom, its price action from a technical point of view and wave structure from Elliott Wave perspective.
Zoom made a massive rise in 2020 as it was and it's still very useful app for video communications.
However, nothing goes in straight lines, so we see it as a completed wave 3 and since October 2020, we can...
Live Challenging Market Analysis Buy ZM STOCK @ 298
Target @ 511
Entry 2 @ 182.28
Target Buy 1 & 2 @ 228
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