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ZOOM - BEARISH SCENARIOBad news for ZOOM and its investors. Although the company reported better than expected EPS on Monday the shares dropped on expectations for weak results in the next earnings season. The end of the COVID restrictions pushed people to return to work and rely less on video conference calls. The next price target is located at the major support level of $60 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.
NASDAQ:ZMShort
by legacyFXofficial
1
Zoom: Breaking lower from a wedge formationZoom - Short Term - We look to Sell at 106.91 (stop at 126.13) Broken out of the wedge to the downside. The medium term bias remains bearish. We have a Gap open at 106.91 from 12/07/2022 to 13/07/2022. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 106.91, resulting in improved risk/reward. Expect trading to remain mixed and volatile. Our profit targets will be 61.07 and 50.00 Resistance: 106.91 / 124.05 / 127.37 Support: 97.09 / 79.03 / 60.97 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.
NASDAQ:ZMShort
by Saxo
ZM Zoom Video Communications Earnings much better than expectedIf you haven`t bought ZM Zoom Video Communications ahead of earnings: Then you should know that yesterday`s P/E was 19.96 and it`s about to improve today. Cathie Wood has already bought more ZM shares yesterday ahead of the earnings! The adjusted profits were $1.03 per share VS Street forecast of 87 cents Revenues rising 12% to $1.074 billion. Margins improved to 37.2% Future adjusted profits between $3.70 and $3.77 per share Net income between $1.48 billion to $1.5 billion. My price target for ZM is $115. Looking forward to read your opinion about it.
NASDAQ:ZMLong
by TopgOptions
Equities give back gains - ProfZero not falling for bull trap 🐻INVESTMENT CONTEXT Equity markets took a breather on May 23, as operators reacted positively to U.S. President Biden commitment to review Trump-era tariffs imposed on China Accumulated gains are now being quickly given back, as futures on May 24 point to red territory for both S&P 500 and Nasdaq (dropping 1.21% and 1.88%, respectively). Snapchat (SNAP) in particular cratered 30% in the after-market on anticipated top- and bottom-line miss, dragging Pinterest (PINS) and Meta Companies (FB) 12% and 7%, respectively. Zoom (ZM) instead popped 16% over-the-counter on sales forecast beat An initial remark by President Biden that that U.S. military will intervene to defend Taiwan should the island be attacked was later walked away by White House officials International Monetary Fund (IMF) Kristalina Georgieva hinted at further cuts for this year's global economic growth PROFZERO'S TAKE The ongoing market jitters must be nerve-wrecking for the cohort of retail traders that entered the market during pandemic times. A sustained period of tech-fueled growth has quickly reversed, with Nasdaq plunging into bear market (year-to-date performance down 27%) and S&P 500 teetering on the brink of one (negative 17% since the peak in November 2021). Pandemic-era dears Pinterest (PINS), Snapchat (SNAP), Twitter (TWTR) are now down at least 50% from their peaks; blockchain assets trade even deeper in the red. Is this the end of Growth? To ProfZero, that amounts to as much as asking - are we really building the next decade on coal, legacy banking and neo-protectionism? Clocks tick on, not back Speaking of innovation, Samsung (ticker: 005930) is investing USD 356bn over the next 5 years in semiconductors, biopharmaceuticals and next-generation technologies to drive "long-term growth". Curiously enough, neither coal nor plastics appear on the plan IMF Managing Director Kristalina Georgieva's admission that a global recession is not in the cards, but shouldn't be ruled out altogether, resonates with JPMorgan's CEO Jamie Dimon seeing "big storm clouds" on the horizon, just but darkening a currently strong economy. ProfZero already underscored the resilience of Main Street in Q1; however, trading is all about the future, and ProfZero still fails to see a sufficiently credible deterrent to avert a recession. A ceasefire in Ukraine, and normalization in energy markets would be a fair start "Frailty, thy name is... BTC". ProfZero keeps it cool on blockchain - not paying the bears' lunch
CME:BTC1!
by ProfZero
What You Could Have Expected From Zoom's Earning Report?It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings. A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays. There are some things you can notate before you play an earnings report. Like how has the asset been performing leading into earnings? Has it been bullish? Has it been bearish? What's the overall sentiment surrounding the asset? How has the asset been performing against the market? What is the market doing? Does the overall market seem bearish or bullish. Does the particular asset move with or against the market? Don't just assume what the asset will do regardless of what the chatter is. Leading into it's' ER, Zoom has been in a continued downtrend like a plethora of other stocks. Seeing this, along with price action leading into ER. I could expect for Zoom to pop after hours, Why? One reason is that it has been in a steady decline. There were "trapped bulls" at the 107 area & price made a double bottom from the May 20th trading session into the May 23rd trading session around $85. Seeing that, along with price being in a steady decline & the chatter of a earnings beat. You could have went long with 95-107 calls with a SL at 85(even though SL's are no good post-market). Nevertheless, Zoom pushed to 107 after hours before fading. Again, ER plays are tough, but there is a method to the madness as well. If you played Zoom's ER, I hope you were on the right side of it. Catch yall on the next post.....Peaaaacccceeeee!!!!
NASDAQ:ZM
by DayTraderEarl
Are Nasdaq stocks now reasonably priced?Over the past two years, technology companies have enjoyed explosive growth as investors were upbeat about the prospects for the sector at a time when people relied on technology to stay connected while cooped up in their homes. Internet firms like Zoom Video Communications (NASDAQ:ZM) were among those to reap substantial gains from the tech boom during the pandemic. Zoom’s stock surged to a record $559 in October 2020 around the time that its platform’s usage became ubiquitous for people working at home and regular users that wanted to connect with friends and families. The confidence in Zoom and other internet stocks like Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT) fueled a herd mentality that propelled the tech-heavy Nasdaq Composite index to an all-time high in November 2020. But with concerns about high valuations and interest rate hikes that could lower companies’ future earnings, the Nasdaq has been on a freefall for about half a year now, retreating from its November peak of over 16,000 points to an over 18-month low of just under 12,000 points on Wednesday. Pandemic favorites lose shine Zoom, the poster child for 2020, is now trading at less than $90 from its October peak of $559. Netflix (NASDAQ:NFLX), another pandemic favorite, has lost 62% over the past year and 69% year-to-date as of Wednesday, trading at less than $190 after touching an all-time high of $690.31 in October 2021. The drop in Netflix’s shares comes as the company reported its first quarterly loss of subscribers in over a decade. It lost 200,000 subscribers in the first quarter, which the company blamed on people sharing accounts, among other factors. Billionaire investor Bill Ackman in April sold his entire stake in Netflix, taking $400 million in losses. His firm, Pershing Square Holdings, said that while Netflix’s business is fundamentally simple to understand, "we have lost confidence in our ability to predict the company’s future prospects with a sufficient degree of certainty." Valuation worries The appeal of tech stocks has dimmed in recent months mainly due to high valuation coupled with missed or slowing sales targets. Apple (NASDAQ:AAPL), in October 2021, missed the market’s revenue expectations due to the lingering global chip shortage that has been affecting its iPhone production. Apple’s price-to-earnings (P/E) ratio, a measure of whether it is over- or under-valued, surged to 35.45 at the end of 2020 before retreating to 28 in the first quarter of 2022. This means that investors are paying $28 for every $1 of the company’s earnings. The iPhone maker’s current PE ratio, however, is still lower than that of its peers, including Netflix, Amazon.com (NASDAQ:AMZN), and Tesla (NASDAQ:TSLA), whose P/E ratio’s are all above 50. Most overvalued tech stock Tesla’s stock price has jumped 26% over the past year, but down 40% year-to-date. Over a month ago, the carmaker joined a growing list of megacap companies to enact a stock split after its shares blew past $1,000 in October 2021. Stock splits make shares more attractive to retail investors but doesn’t change its PE ratio. Many analysts say Tesla is the most overvalued tech and automotive stock in the market and even its own CEO Elon Musk shared the same view at one point, tweeting two years ago that the company’s stock price “is too high imo.” That tweet knocked 10.3% off Tesla’s stock price on May 1, 2020. However, some still see the company's current market value as reflective of Tesla’s potential to further expand its dominant position in the electric-vehicle market. In 2021, Tesla held a nearly 14% share of the global EV market, beating rivals Volkswagen, BYD (HKG:1211), General Motors (NYSE:GM) and BMW, among others. A counter to the recent pessimism While many financial watchers cast doubt on tech firms’ ability to meet sales targets and justify their high valuations, some say the recent tech sell-off is irrational while remaining upbeat about tech’s future performance especially in the area of new tech trends like big data and artificial intelligence.
NASDAQ:NDX
by BlackBull_Markets
Zoom will bounce and continue on down! This is what I think will happen with zoom over the next few weeks. We will continue to bounce from here and potentially hit my identified reversal zone. Look at my blue and yellow fibs there for confluence. My purple fibs are my elliott wave projection fibs which are currently estimating A=C. wave C could easily head to the purple 1.618, at which point we would keep an eye out for them heading to the next support zone. **(I am not sure why Trading view squeezes my chartwork together after I submit it as a public post, but you may have to decompress the x axis to get a better visual)**
NASDAQ:ZM
by Taco0o0o
1
5 Stocks Walk into a Bar....A mega cap, a large cap, a medium cap, a small cap, and a micro cap stock walk into a bar. The bartender looks at them and says, "What do you want?" They all reply, "A Shot!" Well lets give these stocks "A Shot!" by taking a look at their price performance over the past 52 weeks and evaluating whether they are a "good buy." Mega Cap: Facebook or Meta (FB) has fallen roughly 21% in the past 52 weeks despite having a market cap of $603B. Large Cap: Netflix (NFLX) has fallen roughly 26% in the past 52 weeks despite having a market cap of $165B. Medium Cap: Zoom (ZM) has fallen roughly 64% in the past 52 weeks despite having a market cap of $34B. Small Cap: SoFi (SOFI) has fallen roughly 47% in the past 52 weeks despite having a market cap of $7.47B. Micro Cap Loan Depot (LDI) has fallen roughly 78% in the past 52 weeks despite having a market cap of $1.3B. All of these companies that I have mentioned above are oversold in my opinion, despite being one of the largest market cap in each of their respective segments and most are overall profitable. They all offer an important service that I have personally used in the past or currently use on an almost daily basis. Almost everyone is aware of Facebook now Meta, develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. Between the Facebook app and Instagram, they are currently the largest social media platform to date. The same goes with Netflix. Who do you know that hasn't used or watched a show or movie on Netflix before? Within the US, its almost unheard of. Now, you can get Netflix stock at a 26% discount and its not going away any time soon as the company begins to enter new markets within developing countries. Zoom is a software that played an integral part during the pandemic, where the world resorted to working from home to combat the pandemic's spread. Thus lead to the mass adoption of Zoom's software into many companies around the world who wanted to continue to collaborate in real time. Since the pandemic and the huge gains Zoom saw, it has since erased these gains and sit at what appears to be a bottom, with massive upside potential of well over 100%+ as companies continue to work remotely despite the waning of the pandemic. SoFi provides digital financial services and is taking on the traditional legacy banks. SoFi offers loans, investing accounts, crypto accounts, credit cards, banking, insurance, insight tracking such as spending habits or credit score monitoring and much more. I believe SoFi will give large banks a run for their money, which will ultimately lead to a potential buy-out by one of the legacy banks looking for an edge. As of today, SoFi is down roughly 62% despite being profitable in the past 2 quarters with a 13% QoQ gain in the 3rd quarter of 2021. LoanDepot sells mortgage and non-mortgage lending products and in 2015 was named the second largest non-bank provider of direct-to-consumer loans within the US. With an easy to use platform, and one of the best rate offerings and customer experiences, LoanDepot is poised to grow significantly in the coming years with increased revenues from raising interest rates. Overall, I believe in these companies on a personal level. I encourage all of you to take a look at these companies yourselves and make your own conclusions. I would also implore you to follow the advice of Peter Lynch and always understand what you are investing in, because when the market corrects, which it always will. If you do not understand the company you invest in then you will not have conviction in the company, which you would be much more inclined to sell during a 10%, 25%, or even 50% drop, when in reality you should be adding to your positions during opportunities such as this. As Baron Rothschild always said, "the time to buy is when there's blood in the streets." Even if this is your own blood. What do you think about my analysis? Make sure to leave your thoughts in the comments below. If you enjoyed this content then please leave a like! It takes time to make these things you know. #thedailyinvestor
NASDAQ:METALong
by thedailyinvestor
2
ZM short then long (way long)After a very nice couple of days ZM is setup for a slight fall. The two purple boxes show recent gaps and I suspect one if not both of these will likely fill in the next day or 2 (or 3). Below those you can see some yellow dotted lines which are also gaps from early 2020 before COVID hit. Will those fill too? Not sure - we were very close the other day when the stock got to 94.51. I thought for sure that ~91-92 gap would fill, but it turned out that we created new gaps on the way up instead, so now there are 4 gaps below where we are now and as you can see on the chart, we are about to hit the apex of a small ascending wedge. That said, if you zoom out over the last year you will see that we are also in a massive DESCENDING wedge as well, and assuming we do go down short term, it should only be temporary before we see a breakout squeeze. If you actually look at where the wedge converges, you'll see it is right in the range of the lowest gap, about $76.70 or so. Will it actually get that low? I don't know, I think it is possible if the people that have been saying SPY is going to 385 end up being right, but I think no matter what happens it is looking like a setup for a squeeze. FYI I don't see it getting lower than $75, there is hard support line there from 2019. Also just a disclaimer that my arrows are not pointing to any specific number targets, they are just going in the general direction that I am predicting.
NASDAQ:ZM
by ViciousNeutral