ZI ZoomInfo Technologies - On Watchlist
Have this on my watchlist to see if there are follow-through buying
ZOM trade ideas
ZOOM target reachedMODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Caught the 2.618 fib ext for a short. Closing at $10.30 at the bottom of channel.
8/21/24 - $zi - Probs a buy <$10 on next dip8/21/24 :: VROCKSTAR :: NASDAQ:ZI
Probs a buy <$10 on next dip
- admit, i don't *love* the product but it does seem to generate pretty good cash.
- promised myself i'd take another look sub $10 but the last result two weeks ago kept me looking elsewhere. we've seen the stock bid pretty substantially since (it's also 5 days shorted, high-ish).
- so now i'm coming to it a bit "late" at $9.70. is it a buy? well if we adjust for the debt (which is now 1/4 of the capital stack, so gross up the stock price by ~33% to $12.50 ish and divide by round up $1 of EPS power, and you're at 12x PE. in theory this year is the bottom for EPS. if that really is the case, the stock should re-rate toward the low to mid teens in the coming year. that's a pretty healthy upside (20% at the low and probably even up to 50%). downside here probably 15-20%. so r/r mostly "good".
- similar to the last comment i made on NASDAQ:EXLS tonight, i still like NASDAQ:NXT quite a bit given results have smashed, valuation good, cash good, growth great, and that's my opportunity cost (even though i get it i get it, totally diff industries). either way, if we get a pullback on risk in the coming weeks/ month - not a crash - a pullback - this is one i'd look to buy in the low 9s and ideally back in the 8-handle zone. and we can assess there, k?
anyone more familiar w the product offer than me looking in from the outside. is this something that has legs, or is it a dying product in the MT bc of gen AI/ other lead gen tools?
V
...
private comment to myself for context
5/8/24 - vrockstar - taking the L here after hrs having bought at $13.5 and opening at $12.5... it's just too difficult to justify the stock w/ debt as 1/5 of the capital structure in this environment, "no growth" and the inflection perhaps simply requires a better outlook in the economy/ biz picking up/ investing... not happening in the immediate term. don't think you can lose a lot of money here on the name, just doesn't look like a good use of capital at 12-15x PE (12 if you don't adjust for debt, 14x if you do) and probably dead money until we go lower and/or outlook improves as we move into 2H, so setting trigger at slightly above $10 to take another look if/ does go there
This is only dream. It can happen or not.1) I drew resistance line on RSI indicator and it touched 5 times. It seems be broken soon. Please check out arrows and you will see RSI level is approximately 30 level and RSI's 2 moving average will be cross each other nearly.
2) I applied SMA(8 period) on Momentum indicator and they have crossed each other. On the other hand, resistance line of momentum was broken but we have to wait at the end of the month's closing line.
3) I applied WMA(14 period) on CCI indicator and they are very close each other to cross soon.
Target Price is 150$ and OF COURSE IT CAN HAPPEN OR NOT.
4) I drew resistance line on prices and green candle gave us sign for broken resistance line but again we have to wait at the end of the month's closing area for candlestick.
Zoominfo Technologies Inc. - Trend AssessmentI do concentrate only on trend assessment so traders could make a sequence of profitable trades to exploit full trend capacity.
1. Primary trend is bearish (red channel). It is a fact until it is broken and confirmed. As of now there are no indications of trend reversal.
2. The price is consolidating below MA200 and longer ones.
3. Regarding Ichimoku Cloud: we have Kumo red cloud which is far away to consider it crossed.
4. BB Trend got into red zone three years ago and is still there.
Simply taking into account the indicators above can save your capital from being ruined.
Just wait for better indications of trend reversal and confirmation of its change.
At my seminar I was frustrated how people with no experience do averaging down without even thinking about the trend direction.
ZI potential Buy setupReasons for bullish bias:
- Bullish candles at support
- Positive Earnings
Here are the recommended trading levels:
Entry Level(CMP): 12.80
Stop Loss Level: 11.43
Take Profit Level 1: 15.75
Take Profit Level 2: 18.93
Take Profit Level 3: Open
Safe entry will be above 19 at the breakout of consolidation phase.
ZI | This is Undervalued | LONGZoomInfo Technologies, Inc. is a holding company, which engages in the provision of a cloud-based platform that offers information on organizations and professionals for sales and marketing teams. It offers sales leadership, sales development, marketing, and demand generation, sales and marketing operations, and recruiting. The company was founded by Henry L. Schuck and Kirk N. Brown in 2007 and is headquartered in Vancouver, WA.
ZIThis Week FORECAST
Opportunity for ZI. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
