Zooming to SupportSupport at $105. Support will hold because RSI is oversold & Zig Zag ABC correction is coming to an end. Easy outlook! Have hedges up to $100 in case of a wick. Good Luck!
ZMD trade ideas
Zoom almost bottomed will consolidate between 180-220Zoom is a great company to hold on to , But you cant judge based on shorter timeframes. You need to start Dollar Cost Averaging in this Range for the next 18-24 months. This is where the consolidation happens. I have 200 shares and ready to buy 400 more for the next 2 years, I am long in 5 years time horizon, but in the near term 180-190s is in the cards, Hence Short.
Bullish gartley completed and ready to attack?Bullish Signs:
Bullish gartley completed (on long term trend)
Bottom of support trendline of a falling wedge
Short-term RSI bullish divergence (against the trend)
Potential completion of the ABC Elliot wave correction
If this is right, we could see an attack into the SMAs (possibly the 200SMA ~$250). Would also think another attack would probably be to fill the gap in the $300's.
Not financial advice.
$ZM LONG IDEABeaten down, the most celebrated covid stock is down to its March 2020 levels, like the covid growth never happened. Its trading at 45 P/E right now with a lot of cash in hand. I think the bottom is near and tutes have been loading Zoom over the past few months as price was declining. My buy target is 160.
Trade Idea
Entry: $180C 03/18 when stock hits $160.5
Targets: $188, $204,$230
SL: $150 (previous support from March 2020)
Zoom - Possible ReversalSupport in falling wedge pattern aligns with support zones from April 2020 at $163 level.
Positive divergence between SP and MACD.
RSI close to oversold
ZM - 30MPuts into Friday. Testing new volume indicators.
Confident that there's nothing to break the downtrend anytime soon
ZM LONG NEW ZONEam watching zooom currently. price retested 174 zone and held. i would await a close above 193 to confirm a change in direction.
ZM calls and puts: levels to look out for # considerZM
Price - 184.26
Support - 177.25
Resistance - 184.80
Consider***
Calls Above - 197.17
Puts Below -175.25
$ZM on watchNeeds to hold over $200. No position but this is pretty beaten down. Some good options flow recently has peaked my interest
zoom long head and shoulders pattern updatezoom is forming a triple bottom on the daily and has been rejected from that zone having found support.
am long zoom.
today close is vital for me.
Zoom (NASDAQ: $ZM) Looking Bullish On 3rd Touch Of 0.786 Fib!Zoom Video Communications, Inc. provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system that provides secure call routing, call queuing, call detail reports, call recording, call quality monitoring, voicemail, switch to video, and other services, as well as inbound and outbound calling services; and Zoom Chat enables to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices for meeting and phone customers. It also provides Zoom Rooms, a software-based conference room system; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Video Webinars to provide video presentations to large audiences from many devices; and Zoom Hardware-as-a-Service allows users to access video communication technology with subscription options for phone and meeting room hardware. The company offers Zoom for Developers to integrate its video, phone, chat, and content sharing into other applications, as well as manages Zoom accounts; Zoom App Marketplace enhance developers to publish their apps; OnZoom, a platform for users to create, host, and monetize online events; and Zoom Apps to access from Zoom Meetings and the Zoom Desktop client to facilitate collaboration and engagement during meetings. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.
Zoom Video BuyFundamentally I think as work from home gains traction and stability in the marketplace that companies such as this increase in value as demand for such services rises. Also its not really correlated with the overall stock market, most stocks are overvalued right now.
Quarterly:
This stock is currently finding demand at the .786 fib retracement after a nice steady 16 month complex pullback after its first huge momentum move up early in its life.
Monthly:
I drew a trend line to highlight the fact that this trend is in a parabolic extension, blow off, oversold, whatever you want to call it, without even looking at the indicators its obvious to the trained eye.
Weekly:
Looks to me like 160 is major price support so I would advise taking small positions as I foresee an accumulation phase Is beginning,
Daily:
Sellers knocked on 180's door 2 times and failed to close below that price. On the most recent swing low the market failed to even break below that price, let alone close there.
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zoom long head and shoulders patternzoom is a good boy. retested the buy zone and formed a nice head and shoulder pattern.
long position activated
Zoom Triple bottom on Daily, 180.00 price rejectionPossible opportunity to buy the dip with a small stop loss, this be the third time we have tested and held support at 180.
Looking to bounce from here to continue move upwards to 290.00
Long $ZMa bit of omicron play, a bit of metaverse play, fundamentals are ^ and technical are fine as well
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ZMSmaller downtrend in a larger uptrend with price at support. I expect a larger move up in coming days.
$ZM #ZM Bull Flag Looking for a break of 193.41 for calls
Good patter formation, looking for a breakout as covid cases are rising around the world and some parts are going back to virtual.
zm long trade swing.Zoom had a support at 177-180 region and bounce off.
earlier buy did well, another buy opportunity at 193 . would hold a swing call trade into the year.
$ZM - Zoom Video Communications ReversalWork from home/Covid Stocks are on watch
Growing fears of Omicron Variant in the market. Lockdowns and restrictions returning in Europe. Many colleges returning to online school.
PT -$280
ZM Golden PocketI believe we've bottomed here on ZM and I'm looking for a move back to the golden pocket. If "Stay at Home" names are going to have a resurgence, than this is the first name I want to be in. I'm looking for an ultimate move back to the the $233 area
