ZM trade ideas
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.
Thanks for your time, If you like my work hit that follow button!
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
great risk reward entry for longs 🔥zm in a bearish downtrend channel, but near the bottom trend support. This has been a great long entry in the past if you are a short term swing trader!
Just don't forget to secure some gains when we approach resistance levels again.
stop loss 170, price targets 250-302
like and follow for more 💘
JICPT|Don't rush to buy Zoom for new wave of covid! Hello everyone. I've been on a business trip for over a week and got no access to TV from the hotel.
I think it may not be too late to talk about the new strain-Omicron. The news that the first case was found in EU as well as US triggered a wave of sell-off. Investors were worried about the new strain due to its transmissibility. Back then, scientists need time to have a better understanding of the features. We can clearly see stay-at-home sector got favored as it attracted fresh funds, zoom is one on the list.
However, I don't think it's a good time to jump in at the moment. The reasons are as below:
1. Weekly structure : A potential AB=CD pattern is forming. It might go further down to $92 .
2. Daily structure : The downtrend channel got well respected. Look at those MAs, it's still in downtrend.
If you're keen to the stock, better wait till the daily structure gets terminated.
What do you think? Give me a like if you're with me. Thanks for your support.
ZMstill think the bounce last week is a C of w4
unless it breaks above the pivot 233 point with good volume
until then im still leaning for another low
staying on the sideline for now
Consolidation for Possibly Move UP Zoom started consolidation around 180 level on 3 December. In very heavy jerks of NASDAQ 100 and S&P 500 it maintained its position with slight ups and downs. Every time it returned to the point level. Today it crossed the level up and now entered in 200 zone (Today's HH 201.69). It has also crossed the daily MACD as buy signal. Let's hope for a better journey towards 280 level which is its next strong resistance.
zoom long zoom found support at 177 -185 zone. area had held for 2 weeks now.
looking of buying opportunites into the new year
ZM 12.15watching for a wedge break macd getting ready to cross 186.55 level needs to break for calls
ZMLONG-TERM: Bullish bat with a double bottom at the PCZ which lines up with a previous resistance, in a downsloping channel with classic bullish divergence on the daily. (not financial advice)
