ZM-BEARISH SCENARIOZoom Video Communications (ZM) is facing tougher competition and slower growth now that the COVID-19 pandemic is over. Their success in the corporate market will determine their revenue growth and stock outlook. Zoom's stock has declined by 2% in 2023 and dropped by 63% in 2022 due to a slowdown in revenue growth.
Although Zoom reported better-than-expected earnings for the last quarter, investors are concerned about weakening trends in their enterprise business. Sales growth has been slowing for nine consecutive quarters as demand for their products decreases in the post-pandemic era.
Analysts have raised concerns about Zoom's growth in the Enterprise segment and whether their newer initiatives can have a significant impact. Microsoft's technological advancements through OpenAI pose a challenge. Zoom's stock reduction and job cuts reflect the need to adapt to the changing landscape.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Zm
ZM: Pre-Earnings Release RunZoom is showing a pre-earnings release run up out of its extreme low, ahead of its Q1 report today. The current run's pattern is indicative of professional traders swing trading with earnings strategies; they tend to take profits on the report since they bought at the low. While revenues are likely to come in below last quarter, earnings should improve over the big loss last quarter.
The stock has probably found its final low, at long-term support from 2020. ZM outperformed during the pandemic due to huge demand that was unsustainable and time limited. So it has a lot of work to do from here; it must reinvent to offer a greatly improved service to compete with huge companies like Google, etc. which all have very similar services.
The Zoom Chart Has To Be SeenFew charts can explain the euphoria and panic of markets more than this chart of Zoom.
We've also used Zoom at least once by now to make a voice and video call. It was the darling after the Covid lockdowns because it was leading the way for remote work.
The before and after can be easily seen just by looking at the chart. It was up 900% in a brief period of time!
Then... it dropped 90%.
The euphoria of remote work, fast growth, and easy money.
Followed by the return to normalcy and a crash of its price.
The question now is as follows: at what point is Zoom a value play? It remains the leader of video conferencing and still has a large, global customer base. They surely need to innovate and create more solutions.
Time will tell.
I have no position. Just watching the chart.
I do think a swing trade could set up as it drops even more. A quick rebound appears possible. Zoom would be foolish not to cut costs and attempt to buy some shares back down here.
ZM 27 JAN 68/70/72 BUTTERFLYSIDEWAYS SET UP:
Detailed Definition of setup and what market conditions are desirable:
Since January 9th ZM has been in a sideways set up with no real trend making relatively equal highs (72.16)/lows (67.67) and a flattening 20-day & 50-day SMA's.
Detailed Definition of the trigger (entry point) used to enter positions
I'll be using timeframe as a trigger, not stock price. I'm giving this until Jan. 27th targeting 70.
Detailed Definition used to determine Stops (abandon or adjust)
No stops. I'll be set up for max loss.
Detailed definition of setup and desirable market/sector conditions
Communication Services sector has a +2 outlook, however, the stock is not in a strong rally or pull back with stable volume in the sideways channel.
Detailed definition of charting criteria needed to enter positions
Because there is stable volume and it's been consolidating the last few days, charting criteria checks off with my theory.
How strike prices and expiration dates are selected
If you take a look at the the daily chart, I'm using the body of the candle that was established on Jan 9th as an anchor. So this is how 70 was determined for the target. On the hour chart, you'll see a more defined channel ranging from 72.16 and 67.67.
Position management strategies when the stock goes lower
If this goes lower I'm set up for max loss and I'll move on to my next trade.
Position management strategies when the stock goes sideways
If this trades at 70 by this Friday, I will close out the entire combo and take profits. The yellow downtrend line is draw on my daily chart from the ATH and touches the high on August 5th 2021. If this stays at 70 on the hour chart, it should touch the yellow trend line by Jan 18th which I would expect some reaction maybe. This is another reason why I put this out until the 27th. Now, when this IPO'd back in 2019, it was right in this area which is part of another reason why I think it'll continue to trade in this range until next earnings which is scheduled until end of February.
Position management strategies when the stock goes higher
If this goes higher, I'll be set up for max loss and I'll move on to the next trade.
Position management strategy at expiration
In the event that this is not trading at 70 by this Friday, I will hold this until expiration to see if it'll come back into the apex of the trade. Either way, I will update my notes here as the trade unfolds.
Zoom rallies to be capped.Zoom - 30d expiry - We look to Sell at 77.77 (stop at 82.43)
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
The primary trend remains bearish.
The stock is currently underperforming in its sector.
20 1 week EMA is at 78.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 66.10 and 64.10
Resistance: 72.17 / 78.00 / 81.50
Support: 68.00 / 66.00 / 63.55
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Zoom approaching all time lows.Zoom - 30d expiry - We look to Sell a break of 68.68 (stop at 71.71)
Trades at the lowest level in 34months.
Price action continues to trade around the all-time lows.
We are trading at oversold extremes.
This stock fell 3 % last week.
Short term momentum is bearish.
A break of the recent low at 68.88 should result in a further move lower.
The bias is to break to the downside.
Our profit targets will be 61.11 and 60.11
Resistance: 73.00 / 77.30 / 80.00
Support: 68.88 / 65.00 / 62.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ZM ( ZOOM VIDEO ) LONG 4H ( 11.23.2022)Cut its annual revenue forecast, hurt by inflation dampening the spending power of customers and by people using online video-conferencing less with the easing of pandemic restrictions. Zoom chief financial officer Kelly Steckelberg said during a post-earnings call that the company’s online business would decline nearly 8% during the year. The stock has fallen more than 60% this year, the company said it now expects annual revenue to be between $4.37 billion and $4.38 billion, compared with an earlier outlook of $4.39 billion and $4.40 billion. The company, however, raised its annual adjusted profit per share to between $3.91 and $3.94, compared with $3.66 to $3.69 forecast earlier. Revenue for the third quarter ended Oct. 31 rose 5% to $1.1 billion, on the back of a 20% increase from high-paying enterprise customers.
ZM Zoom Video Communications Options Ahead Of EarningsIf you missed my other calls on ZM:
Then you should know that looking at the ZM Zoom Video Communications options chain ahead of earnings , i would buy the $75 strike price Puts with
2022-11-25 expiration date for about
$2.80 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Why ZM Zoom Video could go higher by Friday!! ZM Zoom Video reached our Buy Area:
As you can see in the chart, Zoom Video Communications, Inc. (ZM) reached our price target!
Friday, before the close, at 16:29:37 someone bought 20300 ZM shares at $72.29 for about $1.5Mil.
But that`s not all!
Also before the bell i saw 9K calls worth $1.4Mil, with the following characteristics:
2022-10-21 expiration date (this Friday!)
$73.10 entry price
$75 strike price
$1.55 premium paid.
In order not to expire worthless, the shock should reach $76.55!
The stock was $72.29 at the close and i think it is primed for a comeback!
ZM Zoom Video is the 2nd biggest holding of Ark Invest with $1.03Bil invested their average entry price being $274.87! the stock is now only $72.29.
ZM stock lost 87.85% from its all time high. I think this could be The bottom.
On 8/23/2022 The Goldman Sachs Group set a Price Target of $122.00 for ZM Zoom Video.
My short term Price Target is the $106 resistance.
Looking forward to read your opinion about it.
Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish MomentumTitle: Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance:418.0
Pivot: 392.0
Support: 404.7
Preferred case: The current overall bias for ZM1! is bearish, according to the H4 chart. To add to this bias, the price is currently below the Ichimoku cloud, indicating a bearish market. However, price has been rising bullishly upwards since the 7th of October, with price touching the first resistance line at 418.0, where the 50% and 23.6% Fibonacci lines lie. If the bullish trend continues, price will break above the first resistance line and continue to rise.
Alternative scenario: Price may retrace back down towards the 1st support at 404.7 where the previous low and 23.6% Fibonacci line is.
Fundamentals: There are no major news.
Zoom #zm #zoom $zoom $zm update Let's take a look at Zoom since its IPO in 2019.
I think that Zoom could be another one of these stocks that is moving so much more like Risk and crypto that there is a good chance it finds its own base and bottom before much of the rest of the overall stock market etc.
I think that these current levels are becoming quite attractive even for swing trades over the next few weeks/months. but even more so for anyone looking to park some $ for the next 12-36 months, or more.
I feel that Zoom was not just a Temp. useful play during lockdowns and covid19. I think that Zoom will continue to grow and gain adoption. I think that Zoom still has a bright future and has opportunities to even evolve and become something more then it currently is.
If you would like More zoom updates, please feel free to let me know in the comments and what your timeline is like, and I'll do my best to try and help deliver added insight.
ZOOM WIPED 95% OF GAINS HAPPENED SINCE PANDEMIC. MORE DOWNSIDE!!Check out the trade plan for ZM today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
Zoom has broken important support formed at $85. More importantly, we have seen 95% of gains happen since the pandemic has got wiped off completely by now. Still, the bearish trend remains strong and possibly we may see the major support formed close to $63 once again. At the moment we have seen some bullish activity where the price is about to revisit the broken supported area.
Positive Divergences: NVDA, SYNH, ZMPositive Divergences are developing in many stocks as they reach strong support levels.
NVDA, SYNH and ZM are examples that showed signs of the run down ending as volume indicators diverged upward against the decline. This is an early buy to cover signal for short positions.
ZM | ShortNASDAQ:ZM
Possible Scenario: SHORT
Evidence: Bearish Price Action, Bearish Channel Breakout, Bearish Divergence, Moderna Vaccine, Official Election results
TP1: ~381 TP2:~348
This is my idea and could be wrong 100%.
*I'm a day-trader, so this idea is valid for few days, long term I'm bullish on this stock.