Zoom or BustIf the first leg up extends farther than the lowest orange line then this specific strategy is void.
That is all.
Zoomvideo
$ZM Zoom is stronger than ever$ zm, I believe, the Zoom share still carries surprises, as it has achieved widespread with the Corona pandemic, this does not mean that it is linked with the pandemic only - rather, it is strange that it still attracts huge numbers of users despite the emergence of the vaccine
ZOOM Some pressure left before recoveringZM got rejected last week on the 1D MA50 and this is not an encouraging development. The reason is that it brings back memories of the last 1D MA50 rejection on September 06 2019. At that time, it took ZOOM three-four months before it started rising (we all know the parabolic rise more than made up for this 4 month waiting). Even the RSI is printing a similar pattern.
In my opinion in order to buy ZOOM, I want to either see the 1D MA200 being tested and hold or a weekly close above the 1D MA50. Next Target $800.
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Zoom 30% profits, bottomed out Stochastics and 90MA Stochastics on Weekly and Monthly look bottomed out, as well as touching the moving average 90 base line on the daily chart, indicating a continuation of the bull trend.
Limit order $380 and hold for profits of 30%, then sell a portion and buy back lower.
ZM/Zoom Trend Breakout?ZM has been out of its channel for quite long time, If the trend line breaks, it is a good opportunity for the price rise to the lower channel line.
Be aware that Covid-19 has a huge effect on ZM.
Zoom Video Communications, Inc.Since Slack ($WORK) hasn't been doing as well as Zoom in the WFH space, I felt the need to look more into this stock.
Do you all see the H&S pattern like I do? My drawing to outline it's direction isn't the best, but the market doesn't always give you the perfect pattern. I would look for a drop in price. However, we might see a move higher up before a big tumble takes place. I would simply wait for a B.A.R. of the neckline & diagonal support to go low OR a B.A.R. of the high in order to execute any bull orders.
We shall see...
ZM squeezing before earnings. ZM squeezing with earnings coming up. Im predicting a squeeze to the upside to at least the 480 level. With a great earning (which is expected) it could go even higher.
Zoom Bounce Coming This Week!ZM will either instantly break through $449 and find support, or it will pullback between $427(Trend Line/Previous Resistance)-$436 then bounce.
Zoom , falling downWe are in a bearish channel, well defined, where the price is concerned. If in the short term, it confirms breaking the first support, the price has free fall until the second support. At that point is where I see, a possible change in the uptrend, respecting the second support and trying to break the bearish channel with force.
Otherwise, if he does not succeed, the fall will be strong.
You have to watch the work area and make the right decision.
Zoom Video Communications Technical Analysis - ZMNASDAQ:ZM
The Idea is to go long as per major trend. Target price 580 USD.
Zoom - Time To Boom Pt 2?Lockdowns starting, schools going online next week, and best of all potential reverse head and shoulder movement forming? Zoom is on heavy watch for me for a short term movement. As a long term company, globalization will continue to push this household name higher NASDAQ:ZM
Zoom - Time To Go Boom?Lockdowns restarting, stay at home stocks getting crushed recently from vaccine news...are we setting up a gap fill to leave an island down below? Would be very bullish if this is the case. Keeping an eye on them for any trend break! NASDAQ:ZM
ZM Buy the Dip PotentialOversold trend may be reversing. If Biden comes into office, potential for more near term lockdowns and continued work from home trends/companies to pick back up
DYOR and place your bets...
ZOOM (“Leadership is your instinct, then it's your training")Updated View on ZOOM (21 Oct 2020)
We are in the strong Asset inflation period(aka printing money) but the market's fate is now hanging on the dilemma of US stimulus bill.
It can get sell down when the stimulus news is bad or vice versa, so it can be pretty speculative.
From TA point of view, the yesterday candle is pretty bearish and it can go lower in a look out for buyers.
I expect $520-$525 and $480-$500 will be strong supports.
DYODD, all the best and read the disclaimer too.
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Thank You!
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Zoom Video Communications Technical AnalysisBased on Technical Analysis the idea is to go long, but just wait the end of the price retracement that could be found using Fibonacci retracement tool.
ZM UnstoppableZM ascending triangle.
This will play really well if the debates on Thursday 10/15 are on a zoom call.
Resistance (estimates) - $496 - $499 - $503
