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Zoom Communications, Inc.Zoom Communications, Inc.Zoom Communications, Inc.

Zoom Communications, Inc.

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ZM trade ideas

WATCH $ZMBullish Fundamental - High inflationary macro environment / fear sentiment - Earnings don't looks favorable coming quarters - Funds Accumulation - Decent earnings - Decent PE - Decent PEG - Positive P/FCF - Weak Sector / Industry - Covid lock down theme ? Technical - Momentum Theory Indicator - Seems like bottomed and making a reversal trend momentum - Price action formation ( falling wedge ) - Yet to break downward Trend line - Price still below 200MA - Price above POC Entry idea - Entry idea was based on few confluences - Rejection / retest of the trend line - Price below 200 MA Stop loss depending on entry and risk appetite. But always set meaningful stops. ”I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” Cheers and happy trading!
NASDAQ:ZMLong
by nexxtrade
ZM - inverse Head & Shoulders in the making?I am watching to see if a breakup will materialise, and when it does, a high volume breakup will greatly improve the odds of this pattern succeeding. This pattern is formed over 3.5 mths+ which is rather short (6 months or more prefered), meaning it could face more near term resistences on the way up. If it could go above 135 eventually then the coast will be clearer. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:ZM
by Juliac
ZM 6/5/2022ZM Zoom Zoom, it can’t go any faster downhill. A lot of money was made here during Covid for obvious reasons. The party is over and I’m sure many “Investors” aka bag holders are still holding on. ZM’s Uptrend took price from 71 all the way to about 589. From there price first broke down thru the 50 ema but found support from the 200ema. It bounced price back above 50ema but that was short lived and the move was deemed a false breakout. This led to the price breaking below the 20ema and ending the Uptrend. Price now enters a sideways market. Price fell to around 288 where it bounced but failed to make higher high twice. A Distribution stage and Double Top pattern is created but pending confirmation. Sept.’21, price breaks down from side-ways range. Distribution stage and Double top are now confirmed. The next move is a pullback looking to turn Support into Resistance. At that time, we also have an Overbought Stochastic reading. This is the first opportunity to enter trade short. Overbought stochastic + pullback to resistance area + downtrend = Short trade. After the pullback, price enter downtrend and saw price go from 291 all the way down to 96. At 96, we saw another small pullback to dynamic resistance at 50ema with an overbought stochastic. This was the second entry to short. Price made a lower low to 83 and pulled back once again to dynamic resistance at 50 ema. We again have an Overbought stochastic reading. This will be my cue to enter trade short Will be entering trade short. Entry: 109.42 Stoploss: 128.80 Target: 61.29, +18.65%, 2.33 RR ratio
NASDAQ:ZMShort
by rudcharts
2
Zoom Video Communications, Inc.On the above weekly chart price action has corrected over 80% since the sell signal back in late 2020. A number of reasons now exist to be bullish , including: 1) The ‘incredible buy’ signal has printed. 2) Price action and RSI resistance breakouts. 3) Price action is back-testing past resistance as support. Is it possible price action falls further? Sure. Is it probable? No. 1st target $300. Good luck! WW Type: Investment Risk: <=6% of portfolio Timeframe: 6-18 months
NASDAQ:ZMLong
by without_worries
1
ZM Zoom Video Communications Earnings much better than expectedIf you haven`t bought ZM Zoom Video Communications ahead of earnings: Then you should know that yesterday`s P/E was 19.96 and it`s about to improve today. Cathie Wood has already bought more ZM shares yesterday ahead of the earnings! The adjusted profits were $1.03 per share VS Street forecast of 87 cents Revenues rising 12% to $1.074 billion. Margins improved to 37.2% Future adjusted profits between $3.70 and $3.77 per share Net income between $1.48 billion to $1.5 billion. My price target for ZM is $115. Looking forward to read your opinion about it.
NASDAQ:ZMLong
by TopgOptions
What You Could Have Expected From Zoom's Earning Report?It can be tough sometimes to play ER, but I commend those who have the nerves to consistently play ER's. We know prices can go either way when dealing with earnings. A company can beat on ER and gap down, a company can miss on earnings & gap up. Sometimes it feels like playing the lottery with ER plays. There are some things you can notate before you play an earnings report. Like how has the asset been performing leading into earnings? Has it been bullish? Has it been bearish? What's the overall sentiment surrounding the asset? How has the asset been performing against the market? What is the market doing? Does the overall market seem bearish or bullish. Does the particular asset move with or against the market? Don't just assume what the asset will do regardless of what the chatter is. Leading into it's' ER, Zoom has been in a continued downtrend like a plethora of other stocks. Seeing this, along with price action leading into ER. I could expect for Zoom to pop after hours, Why? One reason is that it has been in a steady decline. There were "trapped bulls" at the 107 area & price made a double bottom from the May 20th trading session into the May 23rd trading session around $85. Seeing that, along with price being in a steady decline & the chatter of a earnings beat. You could have went long with 95-107 calls with a SL at 85(even though SL's are no good post-market). Nevertheless, Zoom pushed to 107 after hours before fading. Again, ER plays are tough, but there is a method to the madness as well. If you played Zoom's ER, I hope you were on the right side of it. Catch yall on the next post.....Peaaaacccceeeee!!!!
NASDAQ:ZM
by DayTraderEarl