ZM - Target $461ZM is in Sub Wave 2 of Wave A correction again breakdown into Wave ABC. Targets are pointed out in the chart.
I'll update the chart based on price action on Monday if this idea defers.
Good Luck.
Zm
ZM - First Target $410 before $461ZM is in Sub Wave 2 of Wave A correction again breakdown into Wave ABC . Targets are pointed out in the chart.
Wave A - $410 to Wave B - $386 to Wave C - $461 (Extended)
I'll update the chart based on price action on Monday if this idea defers.
Good Luck.
Zoom Video Communications Technical Analysis The Idea is to go long as per major trend, just wait the end of the price retracement
NASDAQ:ZM
$ZM Wave A Correction - $370 to $461 and falls to $300$ZM peaked with $477.8 where it was done with Elliot impulse waves 1-5. Now, it's in correction Wave A to the downside.
In Wave A, total 5 waves will be there and today done with Wave 1 from $477.8 to $346. Now, it'll resume Wave 2 to $461.
And in case market goes red on next week due to bad news then cannot rule out that Wave 1 can extend to $300.
Good luck.
$ZM Final Target $416-$420 before a major pullbackZoom will be completing Elliot Wave 5 by tomorrow bt $416-$420 and starts the ABC correction.
ZM Elliot Wave Correction Wave AZM completed Elliot Wave 1-5 and now in Wave A Correction which has 5 waves to downside before Wave B upward pullback.
$ZM Elliot Wave Correction ABC is in progressCurrently in Wave A Correction consists of 5 waves targeting <$300 at end of Wave A.
Regarding pattern descending triangle or Head & Shoulder pattern is possible but yet to be confirmed.
ZM Final Target $416-$420 before a major pullbackZoom will be completing Elliot Wave 5 by tomorrow bt $416-$420 and starts the ABC correction.
ZM - Final target is $375 before major pullbackSeems like there is still room to hit $375 as it's in cup & handle pattern where after earnings hit $320 then pulback to $300-$285 and finally hit $375
ZM: Zoom Zooom Zooooommm!Zoom has broken out of a Flag, signalling the next leg in its bullish move.
This one's a keeper!
ZM - Finally target is $320 before major pullback$ZM is in Cup & Handle pattern which will hit $320 as final target after earnings and will pullback to 280-300 in couple of weeks.
Make sure to sell at top $320 and buy puts.
Nasdaq Futures MeltupLast week Nasdaq rejected breakdown out of rising wedge and went vertical breaking massive 11800 resistance. This type of short squeeze is the exact type of action that most should be terrified to play against until confirmation of reversal arrives. Simple setup to capitalize on this strength, target : 12.4k. Stop/short entry : 11.96k. Critical resistance of 12020 should be taken out into likely massive next wave of short squeeze before Monday open. Feeling highly confident about this one, but still not overexposing myself. Holding some safe positions + a couple lotto calls to maximize gains if target is hit within next 24-48 hours. $ES_F $SPX $NDX $SPY $AAPL $AMZN $MSFT $ZM
📹 ZM ☎️ (8/31)-(9/11) Options/ER Play📹 ZM ☎️
Earnings Report 8/31
Current Price @300.56
Bullish holding over @300 to push to @302.17 resistance then retest ATH @303.58. Above @303.58 I can see the next PT's @310-315+
-Support @299's
-Resistance @302.17
-Resistance @303.58
On the downside, if ZM struggles to break over 303.58, expect a pullback to 295's.
Supports to Watch
-@295's
-@290-292
-@284-286
-@277
ZM : Intraday, 100% price ActionZOOM : Follow the uptrend.
Feel free to like❤, comment📝, share👫 and follow me for other analyzes🌍
Will Zoom (ZM) Continue Its Bull Run?We are looking at Zoom (ZM) right now. This stock has obviously benefited a lot due to the COVID-19 and the various lock-down imposed by many countries all around the world.
.
From our technical standpoint, assuming the bull-run continues, we are looking at an initial resistance at $287.35. If this level is being taken over, we are watching an important psychological level of $300, and to be precise, our next resistance level is at $302.96.
.
Good trading!
From the Desk of NinjaSingapore
19 August 2020
ZM (ZOOM) BUY OR LONG , TARGET UP TO $370+ZM Confirmed the Flag pattern in the weekly timeframe, along with a lot of good news through expansion in Asia.
ZM buy : $272 - 275
ZM target : $370+
Stop loss : 8%
Wish you a good deal !
Zoom is too OvervaluedZoom is way too overvalued, It relies on COVID since COVID brings more customers to it. Companies are rushing for vaccines and vaccine will be here soon, with vaccine, many people will return to normal and won't need Zoom anymore, so it will plummet
$ZM Sits at the Crossroads in Strong TrendZM at a major crossroads. The pattern feels like it wants to swing back to support, possibly down at confluence of pattern trend lines in the $225 area. But this is a retail-driven bull trend, so the breakout patterns are the bet until they start to fail en masse.
ZM ready to correct after 5 wave extensionZM is flying high today and the hourly RSI index is full blown overbought.
Additionally, it completes its 5 wave extension today.
Lastly, it's running into some old resistance at 268.
Looks like time for a mini-correction. Target is about 259.
$ZM Long play into earnings!$ZM did exactly what we expected today. Got to love it when a plan comes together.
