Zm
ZOOM [ZM] After Earning BounceZoom missed its earnings target, which caused the recent drop in share price. The drop didn't go all the way, it stopped right on the ascending trend line.
In my opinion, the price drop was too steep. ZOOM managed to increase their userbase and therefore their potential revenue. My take is that investors are noticing this and betting on a short term increase in price.
Consider Resistance 1 and Resistance 2 as the main targets, but feel free to determine your own targets.
Is Zoom Consolidating Before Moving Higher?Is Zoom consolidating while investors are waiting to see what happens with the COVID-19 vaccine distribution? If the vaccine takes longer than expected to reach citizens. If our habits have changed that we choose to work from where ever more than from the office. Then Zoom is headed higher for $450. Fibonacci time zones show December 9th as a day to watch for this possible movement. Maybe I'm way off in my thinking.
ZM/Zoom Trend Breakout?ZM has been out of its channel for quite long time, If the trend line breaks, it is a good opportunity for the price rise to the lower channel line.
Be aware that Covid-19 has a huge effect on ZM.
ZM - Earnings Risk Management - SUCCESS!!Although my direction was wrong, my risk management succeeded.
Here I walk through what position I took, how I managed the risk and I how I see this trade playing out.
ZM
Zoom
Earnings
Naked Put
Cash Secured Put
Wheel Strategy
Covered Call
Zoom Video Communications, Inc.Since Slack ($WORK) hasn't been doing as well as Zoom in the WFH space, I felt the need to look more into this stock.
Do you all see the H&S pattern like I do? My drawing to outline it's direction isn't the best, but the market doesn't always give you the perfect pattern. I would look for a drop in price. However, we might see a move higher up before a big tumble takes place. I would simply wait for a B.A.R. of the neckline & diagonal support to go low OR a B.A.R. of the high in order to execute any bull orders.
We shall see...
Watchlist Breakdown & Trade IdeasWatchlist Breakdown and Trade Ideas
- AAPL
- AMZN
- ZM
- CRM
- Slack
- AMD
ZM breaking through Symmetrical Triangle before earningsZM broke it's Symmetrical Triangle today and is pushing upwards before earnings Monday after market close. With being now 20% down from it's all time high of $588.84 there is room to run. Although with a PE Ratio above 500 it is overpriced and leading on momentum and our situation from Covid-19 and Politics. Look for major resistance at $500.
ZM to 490? Rise or Fall before Earnings - Cycle AnalysisBig day for ZM today. It faces resistance from the all time high line set since 19 Oct. The line has been a resistance on 28 Oct and 6 Nov after which it dipped massively to retest 370s.
If ZM can break out of the resistance today (mostly likely will need to be with a big gap opening) -- it's bullish until earnings. This is the likely scenario supported with cycle analysis.
If ZM falls below today, we test 350-382 as next resistance until Earnings. ZM may turn after earnings to highs of around 412.
Waiting patiently.
Good luck!
WHICH WAY WILL IT GO Zoom has been very low volume ever since all the vaccine news started coming out. They have earnings this Monday and if you recall last time, the earnings were exceptional. I believe earnings will still be exceptional but how will investors play this event with vaccine news & approvals coming out every week? I am still long on ZM but let me know what you think.
Trendspotter Swing on the Daily, WOWHi Guys,
Just a few alerts set for TS in the daily. See the results for yourself.
Enjoy,
Enda
ZOOM should make a move next weekChart is pretty much self explanatory. We are right at the downward trend line which needs to be cleared to make a move higher or we fail at this level to trend back to recent lows. In either case, wait for a pull back to get a low risk entry. With all the new lock downs, I am leaning towards an upside break but will wait for price to dictate that entry
ZM - daily inside candle - 11/23/2020set your alerts at Today's high/low. if it breaks with volume , expect it to continue on to the target set on that side of the break. also keep an eye out for a possible gap fill up at the mark i have set in blue.
#ZM $ZM
ZM AnalysisZM could be a fast mover bc of market volatility due to covid updates, so be catious. Wait for the market to decide the direction and ride!
Zm tends to respect levels.
Puts under 434, targets: 422.55, 396.19, 367.27
Calls over 445, targets: 476, 505.20, 539.91
Watchlist november 23-27stock and options watchlist for the week of november 23-27 brought to you by nexus investments llc
$ZM #WhatsComing$ZM got crushed hard on vaccine news and finally things are unfolding where trials are not painting a greener picture.
On top of it, all companies which are announcing promising vaccine, their CEOs are selling huge lots of their stock and cashing out, which looks really -ve
$ZM should be back to 500 levels and 600 levels in coming month.
Pick some Nov 20th ZM 500 Calls @ 5
Pick some Dec 4th ZM 500 Calls @ 18
ZM LongCovid cases increasing expect more schools to close like New York and more business to move back to more online.
Look for candle formation to form at S/R level and then look for entry.
SHORT ZOOMSHORT ZOOM CHARTS SUGGEST A CORRECTION AND NEED TO FILL THE GAP ...
FIRST TARGET 460
SECOND TARGET 445
FINAL TARGET 400
STOP LOSS 500/10
