ZM trade ideas
Zoom - R1, Easy 👍-With Zoom's stock spiking recently, it's clear that investors are once again positive about the company's future. And with some areas around the world still at the beginning stages of a COVID-19 vaccine rollout, it's possible that demand for Zoom's video services could continue for quite some time.
-For example, Sydney, Australia entered a temporary lockdown recently, and only 4% of the country is fully vaccinated.
Acquired Karlsruhe Information Technology Solutions Zoom has agreed to acquire Karlsruhe Information Technology Solutions - Kites GmbH, a German-based a start-up developing real-time machine translation solutions.
Zoom heading back to prior highsZoom should head back up to prior highs at this point
- Completion of ABC correction
- Pullback to .618 fib
- Accumulation on each dip
6/28 ABNB(1) support: purple zone
(2) ABNB is out of the downtrend, after it stays above 412, we will be ready to see ABNB go up
ZOOM Out, Bullish Opportunities
Hi traders:
I am also looking at ZOOM for the next bullish impulse phase.
We can see price had a strong bullish impulse up since Covid, and continue to push higher.
After reaching close to $600, naturally price begin to consolidate and correct into a descending structure.
As we know price needs to correct after a strong bullish move, the consolidation phrase begin.
The latest price action however, has manage to breakout of the continuation correction,
so would be best to wait for a lower time frame continuation correction to form and complete, then look for the next buy to the top.
thank you
ZM LongDrew this a while ago. Will be adding to longs under the green arrow. Market is pumping like a madman, don't be FOMOing, wait for a pullback. Not any real resistance or support between these purple lines.
Zoom Ready to Zoom?!?Zoom has a huge falling wedge pattern here and could finally be on the bring of breaking out! Keep an eye on it. I will be looking to enter some $380 or $400 Call swings when the pattern looks to be breaking out.
Conversely if we break down puts would be a great play under $325.
*typo white arrow is pointing to a LVN (white box), price action tends to move quickly through areas of low volume
$ZM could be headed to $600$ZM (ZOOM video) Looks like a potential 9-month bull flag that broke to the upside, and we could re-test the previous high of $600 over several weeks/months.
This is just my opinion, and is not financial advice, so do your own research.
ZOOM VIDEO COMMUNICATIONS INCIs ZOOM done with the correction? Propably. I am looking forward to see the stock move like its on steroids
If the zones around 303 and 346 hold, then we are in for a good ride
ZM Daily Bullish PatternNASDAQ:ZM took out a trend line and has formed a small pennant right above the gap line and the 200 EMA. This is all after a long rounded base from March - June.
(update) zoom stocks has just done a Great bullish movement!Hi every one
ZOOM VIDEO COMMUNICATIONS
this is an update for our recent zoom stocks analysis. as you can see the falling wedge which we talked about in the last analysis has been broken by the price ,so now with more assurance we can
say that the zoom stocks is about to increase to the top of this wedge once again! now the price is doing a pullback after that a great pump is waiting !
Previous Analysis:
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
$ZM Trade Idea $ZM Trade Idea
Entry: 370
Strike: 6/18 380c
Targets: 379, 385, 400
Support: 360, 351, 340
@TradingView
@KyleTrades86
ZM longFalling wedge breakout confirmed by support gained on the monthly level (torqouise) *, **
This is not investment advice, trade at your own risks**
Documenting for personal use*
beautiful breakout on ZMZoom broke out of the downward channel and out of the bearish Ichimoku cloud so there is nothing really stopping zoom from going ballistic this week. I will be long on zoom this month. Great long entry on a retest on the channel. Before going long make sure to wait for confirmation. You will get confirmation if it does not close back into the channel. it must hold above.
Where will it Zoom to?Next upside target is 383. Once it close above it, can zoom all the way to 438! Must hold 358 or at last 347 support levels. Close below 345, more downside.
ZM filled the gap! time for bulls to take it back to highs <3ZM finding nice support here and breaking its downtrend channel ! looking for a rally to 400-430 area soon! RBC Capital analyst Rishi Jaluria named Zoom Video his top stock pick on Friday, giving shares a 12-month price target of $450. I think his price target can hit a lot sooner :) goodluck , leave a like and follow if you enjoyed my ideas <3
ZM: Breakout conform if close above 360Zoom breaking out of a 32 week long falling wedge with large volumes. Enter if closed above 360. Keep it on your watchlist. Possible target 450.
ZM headed to 550Simple measured move after confirmed breakout. Could get there quick (before end of the year), remember how explosive it was last time. Consolidated for nearly 9 months so I don't think we will see many pullbacks on the way up.
