ZM Bounce Incoming at $400?A lot of people are bearish on ZM but I'm personally bullish. Testing the bottom of the upwards channel at $400 along with the weekly 60MA at 400. Looks good here for a bounce at least. *Thoughts are of my own, not advice*Longby goatrades3
What’s next for ZM Just to put out what I have on $ZM after my recent prediction that proved 100% correct. I am now watching it for possible entry. Negative COVID news is starting to make way just as much as vaccine news. And today $MRNA took a big hit (down -10% give or take). And some of what the media iterated as the cause for $ZM drop in the first place was positive vaccine news. On the TA side, I identified what I believe is the major trend and it’s currently at the major support, with what looks to be a cup and handle pattern. Bottom line I see a a lot of space for it to fill on the upside. And what can also make a long position credible is the fact that they did crush earnings after all. Longby eddiesime03115
$ZM C wave has started$ZM 4h Chart $ZM now pulling back down in its intermediate degree 3rd wave to the downside My target for this wave 3 will be 379.80. From there could bounce before approaching final wave C targets Ultimate targets: 350, 313, 297.50Shortby Printing_Profit115
Zoom Buy near support, sell or short near resistance Après une formation Head and Shoulder le cours de l'action va descendre jusqu'à sa plus grosse zone de support avant de repartir à la hausse. by tommygignac0
ZM LONG ENTRYBULLISH GARTLEY. Look for a bull div going into the 786. Keep it simpleLongby NotTodayFoo1
ZMmischievous 414 gap fillers euphoric. that's enough down for today; selling weekly420p.Longby jhonnybrah113
ZM LongIf this is consolidation in uptrend, the next target is FIB#1.6 = 723 PlanA: Trendline Break + revisit Entry 413 stop 385 below up trendline Target 585 PlanB: Demand Zone below Consolidation Entry 370 stop 340 Target 723 I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate. Longby PlanTradePlanMMUpdated 227
Zoom having nice run, but plenty of space to goIn its trend channel, it's got loads of roomLongby Rod_85Updated 552
ZM : Zoom in correctionHype around Zoom is being replaced by hype around Moderna. P/E for Zoom declines from 600 to 450 as earnings grow. Forward P/E is currently estimated at 150 projecting further earnings growth. That's a lot! Forward PEs for Salesforce and Netflix are 65 and 56 respectively. If Zoom earnings grow 2x than projected and stock price declines by 33% then PE comes to 50 (years of earnings to justify the stock price). At least comparable to other hot techs. And what the chart tells us about possible end of correction in Zoom? Nearest level is probably 310-325 and more distant one is 260-265.by ProTrading24ru3
ZMCrushed earnings and still sank. Its okay, It is now setting up for a reverse head and shoulders if support holds. I am expecting a bounce tomorrow and in the next 2-3 weeks Im sitting on a move back to highs. Longby BLKopalFX4
A small gift to youAll the game is 50 and 20 MA. Tomorrow will be an epic loss for bears! Longby iskounta111
ZM target 510 for wave 5, completion of wave 4 post-earningsCopyright Rohan Karunaratne 2020Longby UnknownUnicorn40179598
Zoom earnings Prediction After the market closes today ZM will report their quarterly earnings. A remarkable stock none the less. But the primary catalyst for their success during these extraordinary times has been the very pandemic itself. With that being said much success has begun to arise for MRNA and PHE for their promising vaccine results. And talk of discussions of the vaccine are in the works. (Positive vaccine news .. the sooner schools open) Which bottom line leaves me to believe no matter the out come for Zooms quarter, i predict it will fall. And from the Charting stand point, a cup and handle pattern seems to be in the making, which only gives me that much more confidence in a likely decent. Shortby eddiesime03221
Zoom Resistance Levels before earnings Zoom has currently bullish riding an upward trend. Look for it to pass the 474 resistance pre-market and fill the gap to 503. It is trading above the MA40 and MA13. For best risk management practices, watch for the shift after the earnings are release monday evening. Shortby SmartLion2
ZM pre-earnings Trade ZM looks great for a solid day trade lets see what PM gives us. 20:05by Atlas-SSI338
$ZM bearish count$ZM 4H Chart For $ZM I have a potential bullish and potential bearish count. My primary bias is currently my bearish count Looking for a pullback to my zone between 478 and 505 for a potential reversal to wave C Above 504.44 I will start to re-analyze Target for wave C is marked at around 300 Shortby Printing_Profit1114
Short Term Decline But Long Term Success From a fundamental standpoint, with Covid causing people to work from home, and social distancing from family, Zoom is a popular choice for video messaging/conferencing. Long term I see Zoom increasing in value as the work from home trend will not be going away any time soon, even if there is a Covid vaccine or treatment with 100% effectiveness. From a technical stand point for the short term, I see Zoom dropping as it is overbought as indicated by the RSI. On the 45min chart, ZM has an RSI of 75. However the MACD still shows room for growth so Monday might be a good buy in point for those who would like to short the short term decline. There are sell signals coming from Divergence+ and Bollnger bands are close to crossing setting off another sell signal. I will be buying in Monday to put Zoom short term. Will hold the position no longer than a couple weeks. The position I will be most likely buying is $455 a share by 12/18. What are your thoughts on Zoom? Comment below & give a like if you agree with this analysis. by Myantman101331
Exclusive Technical Analysis: Short-Term Outlook on $ZMHere we look at what to expect on ZM in the short term leading up to ER. 14:00by CASHTRAINNATE1
ZM - November 29, 2020Zoom reports earnings this week after a modest recovery from a vaccine optimism fueled downtrend. The increasing damage that Covid-19 is having on economies across the globe could reverse the recent optimistic market sentiment. With an earnings report coming monday (Nov 30) look for a breakout in the early hours as this stock recovers some ground towards it's previous $572 ATH.Longby AptitudeFinancialAdvisory0