What happened to my Zoom ?About a year or so when everyone were stuck at home, the one thing you heard often is I got zoom meeting. Even schools conduct their class lesson for their students via Zoom. It became a household brand world wide.
But with more Covid cases registered globally and now the Omicron variant emerged, what happened to this darling stock?
It has fallen almost 70% from its peak at 22 dollars. Will it ever revisit its glory days again ?
We can see that many offices are already adjusting their work environment where workers can work full time from home thus Zoom facilities are still much needed. Some employers are employing a hybrid model whereby 50% return to office and the other 50% work from home.
I believe if you are convinced about the prospect of Zoom services for the years to come , regardless if a FULL CURE can ever be discovered, then this stock will have its chance to bounce back again. I leave it to you to review its fundamental aspects of the company.
It is still premature to go long now as you can see from the weekly chart that selling is not completed yet.
So, be patient and wait for 6.05 support level before deciding to go long ......
Vicore in TA dream scenarioVicore right now is in the perfect zone for a potential buy. Everything seems to align. Now we just need to wait for a buy signal, preferably on the daily chart.
Vicore printed a W-formation.
Vicore broke out of it's downtrend.
Vicore broke the neckline of the W-formation.
After the breakout, we've retraced exactly to the following confluence area:
- Neckline of the W-formation
- 0.618fib of the breakout impulse.
- 50 and 200 MA.
- Lots of horizontal support.
So keep a close eye on any potential buy signals.
Investor massive head-and-shoulder?It looks like a big head-and-shoulder with a target around -30% to -40%
I am being careful to be too bearish when I am doing these analyses. I don't want to be trapped outside the market when it all make a u-turn. Though I am believer of re-tests. If we do a breakout of the last lower-low, I believe that Investor is going to test the previous structure at 140sek, (-25% from current price). If the head-and-shoulder common target practices will follow through, I think we go to the structure level around 100sek-120sek
My current stock watchlistI been having my favorite stock since beginning: Snapchat which I been following since about in early 2019, in recent days have let go of it through.
I neither like the concept or the service as a whole, but investment wise it has been a favorite of mine.
Nowadays I am into different stocks, which are rank wise:
1. (Fragbite group) listed as swedish Corp.
2. (Faraday future) listed as American Corp.
3. (Novavax) listed as American Corp.
Price target for Fragbite I would set at 50 cents equal to 5 kronor somewhat. Anything bellow that is a deal as well of course.
If you wonder what Fragbite Corporation really is I would say the next Evolution gaming, focusing on games and has a good future potential, as of me myself being a fan of gaming.
Faraday future is a good car concept corporation located in the US, a car corporation that I really like as electric car for the first time. Also I believe this is the future.
If you ask me about Tesla cars I would really don't wanna talk about it since I neither like the Tesla car or Elon musk or the whole hype about it, in fact I really feel disturbed by only the thoughts about Tesla as a corporation. I just never liked Tesla and I will probably never ever do.
Novavax is a good biotech with the team needed for making biotech, also I happen to believe biotech is also tomorrow's future.
POLYG LONG TERM ANALYSISPolygiene säljer och utvecklar materialbehandling, funktionslösningar och luktkontroll för sportkläder, mode- och arbetskläder. Utöver levererar bolaget specialanpassade produkter för hemmet inkluderande handdukar och lakan. Distribution sker via bolagets globala distributörer, främst lokaliserade inom Europa och Asien. Bolaget grundades 2006 och har sitt huvudkontor i Malmö.