$ZM - ZOOM long term buys. Zoom has certainly been a hot topic in the stock market as of late, with the increasing popularity of remote work and virtual meetings. The volatility in the market makes any stock trade idea risky, but there are a few factors to consider when it comes to Zoom.
First, it's important to look at the company's financials and performance. Zoom has shown impressive growth over the past year, with revenue increasing by 355% during the second quarter of 2020. However, it's worth noting that competition in the video conferencing space is fierce, and there are no guarantees of continued growth.
Additionally, keep an eye on broader market trends and potential economic impacts. As the world continues to navigate the COVID-19 pandemic, any shifts in consumer behavior or economic policy could affect Zoom's stock price.
As always, it's crucial to do your own research and consider all factors before making any stock trades. I'm here to assist you with any information you need to make an informed decision.
Zoombullish
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.
ZM 164 by Q4?Let me know your thoughts!
Chart pretty much speaks for itself. We have;
Trend based fib.
Diamond reversal pattern forming on the right shoulder of a potential H&S.
Earnings could be the catalyst that gets this stock moving along with a change in direction of the general market.
Will look to see how it reacts at 105, strong support with follow through can be a long signal for me.
$ZM key bounce/institutional entry!Zoom is bouncing... Just look at the daily candles leading up to our 3.40% bounce on friday 9/17, they couldn't have looked better than that. You also cannot ignore the oversold RSI on the daily, we have NOT seen this since the last time Bernie Sanders had a heart attack, which was in October of 2019. I love the entry here just waiting for a trigger and confirmation, the technical side of $ZM doesn't even look nearly as good as the potential fundamental side this company has in the near future. I wanna keep this short, please do your own research.
$ZM Pushing For New Highs | Options PlayTechnical Analysis of $BA plus this week's option play.
Zoom says added over 100 features as part of 90-day security plan
What we are looking for:
Breakout & hold from $262; These last few waves have been consistantly $20 per leg, looking for $279 next.
Retest of $254 providing a great entry, then breakout of $262
The Play:
$280 Call 7/17 @ $410 per contract
- I plan to grab one to get my foot in the door, will grab more if we come down and respect support
This is not financial advice nor am I a financial advisor
DotcomJack