Hi, It is a short-, or mid-term opportunity because we don't know exactly when the lockdowns will end (people start to go back into their offices and start using video communication services a bit less) but atm looks like we can catch some technical movement. Slowly the vaccin starts to kick in but let's see, there can be many-many obstacles considering vaccin...
If the first leg up extends farther than the lowest orange line then this specific strategy is void. That is all.
Here is my take on Zoom for the upcoming weeks. On Nov 10th and Dec 14th it clearly formed a double bottom, the RSI bounced off of that and drawing a Pitchfork on the bottom of Nov 10th (A), And the Top of Nov 30th (B) and the bottom of Dec 14th (C) can clearly show us a new trend, on Dec 21th in the open it clearly got rejected off the first resistance that the...
Lockdowns starting, schools going online next week, and best of all potential reverse head and shoulder movement forming? Zoom is on heavy watch for me for a short term movement. As a long term company, globalization will continue to push this household name higher NASDAQ:ZM
As the UK goes back into lockdown, it's only natural large companies and corporations alongside the general public will start making use of zoom to stay in touch. Zoom is estimated to report earnings on 12/03/2020. Looking very bullish.
More lockdowns will mean more work-from-home arrangements and more social distancing measures. Usage of video conferencing for work and for social purposes will continue to rise. Despite the recent weakness in Tech Stocks, Zoom Video is testing its all time highs again. With surging Covid-19 cases and the threat of lockdowns looming in various countries, this...
Noticing a rising wedge form on ZM's 4 HR Chart as well as a loss of momentum, indicated by downward movement of the MACD. Also sitting around the .236 Fib extension level. Due for a significant downward move, most likely to the 181.47 mark that I have.
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...