Every 5 followed by a 3 means many things in Elliott wave theory. For instance, could this thing freaking go already? You have everything you need in order to rocket... What is stopping you? 5 Waves cant be cleaner than they are?
Lines labeled. Watch Trends. Note Daily Time Frame. Personally, I like 103 on a potential move to the upside. There is a possibility of some small downside in the short term, but it's a favorable buy if you're bullish on Zoom. Gap closes just over 100, I believe, so I'd use caution at that point. I could see something like this if it wants to ride those short...
I really like this opportunity from ZM here. The stock is cheap on many metrics and the market is pricing in a bearish case. If ZM can post even minimal growth in 2024, the stock should rip. We've had almost a year of consolidation in this $60-$74 range and we're attempting to break out. It's just a matter of time. I'm targeting ~$97 to fill the gap made in...
Zoom company's video-conferencing service became so ubiquitous during the Covid-19 pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online. Zoom shares VIE:ZOOM rose seven-fold in 2020 as sales surged after millions of workers were stuck at home because of COVID-19 restrictions. By 2021,...
I wonder who absorbed all of this huge volume at these low prices.. I guarantee the explosion is under formation .. it is now around $70 and the target is not $120 but could be $240 regardless of the market condition.
- 📈 Zoom (NASDAQ:ZM) beat Q3 FY2024 revenue estimates with a 3.2% YoY increase to $1.14 billion. - 💹 Revenue guidance for the full year exceeded analysts' estimates, but Q4 guidance of $1.13 billion was 0.3% below expectations. - 💰 Non-GAAP EPS improved to $1.29 per share, up from $1.07 per share in the same quarter last year. - 📊 Free Cash Flow increased by 56.6%...
Thank you as always for watching my analysis on NASDAQ:ZM Please feel free to like, share, and comment this post!
Break first trend line, retest. Break second trend line, retest. Cup(s) to fill gap. May not form as soon as indicated in graphic.
In September 2022 we published the trading idea where we expected more downside for ZOOM: Now it's time for an update and more details! ZOOM price most likely is at the bottom now or very close to the bottom. Weekly bullish divergences are not a joke. We expect at least 75 % pump. What about the stop loss? You can put a stop loss below the key support,...
I doubt Zoom is in for another 800% gain, but the company is far from worthless. Still down about 90% from its all time high and trading in an area that has historically acted as support.
Zoom Video Communications (NASDAQ: ZM) beat expectations for its fiscal third quarter, but offered mixed guidance for the current period. Still, ZM stock rose in extended trading. The San Jose, Calif.-based company earned an adjusted $1.29 a share on sales of $1.14 billion in the quarter ended Oct. 31. Analysts polled by FactSet had expected Zoom earnings of...
Zoom is currently trading around $64.12 as market participants await the company's quarterly performance report, scheduled for release today. Zoom's Performance In Friday's trading, Zoom spiked to 64.76 and consolidated its gains before settling at 64.12. At today's open, Zoom looks set to open around $64.25. There were 4.22 million shares traded on the day,...
If you haven`t sold ZM here: or ahead of the previous earnings: Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week, I would consider purchasing the 60usd strike price Puts with an expiration date of 2023-11-24, for a premium of approximately $1.25. If these options prove to be profitable prior to the...
I have made several big calls this past month of stocks which I think could rally after their earnings call, and ZOOM is one of them... Here is a chart break down of ZOOM's price action since its IPO back in 2019. Stock was earning 120 million trading at $105 a share back in 2019 before Covid19 even existed. The stock has been slaughter the past 24 months...