zm long zoom has been on a downtrend for a long while. last week price action broken a descending trendline. zm currently finding support at 181 zone. would look for buy opportunities
1ZM trade ideas
ZM TECHNICAL ANALYSISzm has a lot of gaps to fill.
it is in an overall downtrend which i traded against today and inevitably got caught in a bad move.
looking for this stock to bounce on the trendline or a trend reversal to start filling those gaps.
gap levels
-first gap is near the 237 area
-second gap is above 275.50 - 281.
i know there are a lot of s/r levels but i like to keep it detailed.
feel free to give feedback and/or advice on anything.
trend channels dont lie!👇ZM is approaching downtrend channel support line, but theres still a decent amount of downside left!
short term price targets are 165.67-130s before the bottom can be in here. I will look for call swings once we hit support.
goodluck! like and follow for more 💘
$ZMas long as $SPY trending strong and overall market sentiment is positive 200s possible, this is for short term trading.
#Zoom Major Support!When taking a look at zoom on the weekly TF, we can see that it is currently trading at the bottom of a descending channel. When you look at how price reacts in this area, there's usually a bullish move to try to make a higher high. This is looking like a great entry for a long. Keep in mind, the overall trend is still bearish but there are opportunities to secure gains along the way.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice.
zm trade. looking for a bounce of the previous resistance turn support. if we get a bounce off 180 region . we got a long position
ZM Bullish NASDAQ:ZM Formed a Harmonic AB=CD on a 14 mins time frame it has crossed the SL how ever the MACD is bullish , RSI, MFI
ZM short ideaZM is in downtrend and near to its Fib 78% support level also at current channel bottom.
Bearish Indications:
1. Lower Lows and Lower Highs
2. Big Marobozu Candle
3. Fib 78% level is 173.93
4. moving in a channel
5. AB=CD pattern if completes (target around 93)
BUY THE DIP // ZM // 700$ TARGETI will keep updating.
Bought ca;;s this morning.
700$ Target
5 Min Chart
Omicron & Zoom Naked AnalysisHello fox, As long as the fear of lockdowns looms or Govs gets tougher over travel restrictions I am only interested in call options.
These are my personal thoughts and they could be wrong.
Still Bearish on ZMI still see more downside in ZM. Sure it gapped up yesterday, but it pretty much opened at the high and sold off all day. I shorted just after the $228.54 retest and rejection as it made a new low heading into the close. Looking to close the gap back down, which will be started by the $218.61 break. If that happens I will look to follow these fib lines down once again. If it breaks the $195.80 low I think we see $185. Set your alerts for the break.
Zoom - a new wave of covid to the rescue? The stock corrected strongly and approached the buy level. The company still maintains a very good business model in the new reality where a lot of video conferencing is required. And the company makes good money. Therefore, at least we will most likely see a rebound in the share price. But what will happen next is a big question. Either the company will cope with the competition and become a leader, or it will not cope, and you yourself must understand what will happen then.
ZOOM (ZM) (D)ZM could be a potential Buy once it breaks out above the Blue horizontal channel and the Red descending channel.
The RSI is below the OVERSOLD level(30)
The Stochastic is showing a positive divergence.
With Lockdowns all over the world, many people will be working from home again.
zm buyzm buy .. buy at 266.32 ..first target 333.73 ..finally target 390.00 .. stoploss under support level..
ZM Zoom Video Bullish PennantIf you haven`t bought ZOOM at the 52 week low:
Then you can see on lower timeframes that it has formed a Bullish Pennant with a price target to the next resistance of 239usd.
You can see a gap between 227 and 239usd, so it will be easy if it passes the 227 resistance.
Looking forward to read your opinion about it.
ZM (Zoom) Bump and RunA bump and run can be observed from the ascending channel being formed
Bump when the price moves above the channel
Run when price declines back towards the channel
This is known as a "Bump and Run"
Price can also seen to be sitting at the .5 fib level from its ATH
Good buy entry for long term
Zoom Video CommunicationsThursday, 25 November 2021
11:58 AM (WIB)
Zoom Video Communications also has good opportunity for buyers on long term transactions with might be more of 140% ROI in One year.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Zoom's disappointing outlook - Don't catch a falling knifeReasons for shorting this stock:
- Expected slowdown in future revenue
- Reported slowdown in new customer acquisition
- Decline in the number of small-business customers
- Failure to buy Five9
- Increasing competition with bigger names
- Multiple analysts downgrades
In the near term, I see ZM heading to $160-170 area.
ZM Zoom Video at 52 Week LowZoom Video Communications, Inc. (ZM) 52 Week Range: 195.80 - 486.83
Now the price is 206usd.
Bank of America has a price target of $270.00 for ZM
My safe price target is the 241usd resistance, as you can see in the chart.
Looking forward to read your opinion about it.
Zoom in potential danger?The $240-$280 support zone could not stop Zoom's falling, in the following days Zoom should find support near the $200 region, if not I expect more downside. Not financial adive, just my opinion.
Downside: first target near $180.
Upside: after reversal first target $240.
Take care, stay green.
