Hi guys, please watch and comment, (EN) Zoom to start last wave to hit ATH
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...
Hello All 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...
Hello! Friends, - This would be a great short Opportunity, IF NASDAQ:ZM breaks down the Daily Support line at $317 (with a WHOLE DAILY Candle) !!
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...
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Strong weekly closure for last 2 weeks Improving RSI from 51 to 65 Direction movement indicator signaling upside Trending indicator value improving There is 12EMA crossing upward of 50EMA These confirmations suggest higher probability of price rising. Buy if price stay above 430 Weekly closing basis Stop Loss = 419 Targets 460, 504 derived from Weekly Fibo ...
Bullish Opinion If Zoom manage to find support around the area 372, most likely it will reach 455 and than only reach 600. Bearish Opinion However, if Zoom is unable to find support around 372, it will most likely find support around 325 - 345. NASDAQ:ZM My entry and target price I have enter a small position around 350. 1st target price: 455 2nd...
If you read my previous analysis you would know ZOOM is in a very weak position here. Everything points to more downside coming. The technicals are the same as my previous analysis so you can check that one out (link below). The important thing here is that ZOOM broke below the rounded top neckline and is failing to move back up. I also added the 200SMA and the...
The FIBONACCI levels show right now the weakness of this stock. The 0.5 level has been broken right now the price is below that level first touched in September 4, if you look the price tried to trade above this level and failed. The weekly chart has the 0.618 level at the same level than the 50 SMA. We'll need to wait for a lower price and then have the target of...
The darling of the pandemic lost a lot of its momentum over the past 40 days or so (vaccines and other prophylactics are certainly major catalysts for the drop). I think ZOOM is still a good stock for the long term but it already lost about 42% from ATH and still looks very weak here. BEARISH SIGNALS 1. Price has been butting against support for several...
Look at how the price on $ZM reacted when CCI previously broke into the green box. I would add this one on my watch list for the reversal. Especially if it trades above $342. If this occurs, my price target is $375 then $389. I've marked some key pivot areas on the chart to watch intraday. If price opens below $336, you can take a short trade to the support...