Zm
ZM - Sideways correction before going for 608?ZM - Not looking great today. We got just 3 waves up... Maybe we'll see a triangle form.
Don't buy in again for now, let's see how things develop a bit more.
ZM First downside Target $470-$460ZM currently in Wave 4 of Sub Wave 3 (Wave 5) which is further divided into Wave ABC .
Wave A target is $470-$460. This is just rough calculation based on support & resistance .
Is ZM/Zoom on LONG position???Good buying position on ZM/Zoom. It has been in a big bullish trend for a long time. and with technical analysis it is a great entry point for making profits if it breaks thorough the purple area of make a pullback
ZM Huge Cup & Handle Target $630-$640ZM has completed Wave 4 of Sub Wave 3 (Wave 5) and now currently in Wave 5 of Sub Wave 3 targeting $630-$640.
There is also a possibility of retesting $459 which is unlikely to happen.
ZM downside Target $440-$420ZM is in bearish flag pattern which could drop to $440 which has stronger support and if it fails $420.
ZM at end of an Elliot WavePretty clear Elliot wave pattern going on here. I'd bet my bottom dollar it corrects significantly from here.
Today's Best Trade (ZM Short) (AAPL TSLA MSFT NKLA KODK BTC)Hi all,
Today's best trade, without a doubt SHORT $ZM
Pumped up beyond all belief, we rolled in heavy to $450 10/02/2020 puts around 10am pst.
Looking for a somewhat immediate PB to $450 over the next couple days (hours).
Good luck
ZOOM: Expecting a pull back tomorrow?Zoom closed in a downtrend today. Its been bullish for the past few days. Could this be the pull back? NASDAQ:ZM
ZM - Wave 5 Not completed yet. Final Target - $868ZM still in Last Final Wave 5. It's completed two Sub Waves and currently in Sub Wave 3 of Wave 5. Final Target - $868
Buying position on OracleNow, Oracle has broken its highest price, the breakout seems a little low on momentum and speed, its possible that we witness a testing on the last price support and rise up, or it might be a fake breakout and we might see a testing on our triangle and then rise on price.
ZM Broadening Wedge Ascending (bullish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 73%
TARGET (EXIT) PRICE = 457.08 USD
BREAKOUT (ENTRY) PRICE = 419.84 USD
DISTANCE TO TARGET PRICE = 8.80%
EMERGED ON = Sep 18, 08:00 AM (EDT)
CONFIRMED ON = Sep 18, 10:03 AM (EDT)
WITH CONFIDENCE LEVEL = 84%
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the upward breakout price/entry point. To identify an exit, compute the target price for this formation by adding the height of the pattern to the upward breakout level. Pattern height is the difference between the breakout price (the highest high within the pattern) and the highest low.
To limit potential loss when the price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.
The Broadening Wedge Ascending pattern forms when the price of a security progressively makes higher highs (1, 3) and higher lows (2, 4), following two widening trend lines. This pattern may form when large investors spread their buying over a period of time.
The theory goes that after initial buying occurs, other market participants react to the rising price and jump on the bandwagon to participate. Then value investors begin to sell, believing the price has risen too much, which spurs the original large investor to resume buying again. Once these activities stop, the price may break out in either direction.
Zoom looks a sell in short termdivergence in 65 min chart and top resistance strong
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
$ZM Target $373 by TmrwForming H&S in lower timeframe and targeting $373-$363 by tmrw (possibly) and will rally into next week.
Appreciate donations in case you get profit with this idea as I'm investing a lot of time for accuracy as best as I can.
And this will be my last chart posting in trading session as I'm doing it for free.
Good luck.
ZM Huge Drop - First Target $372ZM Stock forming a bear flag and could drop to $372 which is a support and may drag more downside based on tmrw's FED announcement.
$ZM Target $465Currently in sub wave C of Sub Wave 1 (Wave A correction). I hope it'll form descending triangle, where the high it $465 and marked other targets and resistance. It'll do double top $465 and fall in middle of next week.
Zoom ZM fills gapAfter gapping up by a huge $120 dollars on August 31, ZM has come down to Earth. It finally found resistance at the horizontal support line (in the 344 range.) It has entered back into its ascending channel, and since the two parallel trendlines are very close together, expect predictable price movements.
The RSI has just bounced at its horizontal support line as well, So we can expect continued uptrend. If the price were to hit 406(The high of September 3rd) I would consider taking a short term call and wait for it to hit the low of September 2nd, $410. If I had a heavy risk appetite , I might wait for the price to hit the closing price of September 2nd, $423.
Zoom Potential BreakoutZoom calls printed today! This looks like a breakout forming, looking for a jump in premarket with a PT of that 400 first, above that could see a gap fill between 409-423
