ZM trade ideas
$ZM possible trendAs you can see in my idea, $ZM is close to the end of the bearish trend. I expecting another bullish trend by breakout the downtrend line.
ZM - Zoom - Watching for Reaction @ Daily 200ema/Weekly 50emaZM
Buyzone = Reaction @ Daily 200ema support/.5fib @345.42
and Weekly 50ema @306
TTM, Macd, Stoch are all setting up.
Cost Avg Down Areas = 288/216
1st Target = .618@402
2nd target = .786@485
3rd Target = ath 588
HODL Target = 700+
______________________________________________________________________________________________________________________
This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
All the items you need for a long setup on ZOOMLet's see all the items we need to understand to develop a long setup on zoom
CONTEXT: It's essential to have a context aligned with our view before developing setups. In this case, our Context is a bullish ascending trendline that converges with a support zone, creating a great area to think about a reversion of the direction
STRUCTURE: Supported on the previous item, we can see a FLAG Patter. From a technical perspective, flag patterns are considered continuation structures, meaning that after the breakout of it, we should see a continuation of the price in the previous direction before the consolidation.
TARGET: To define our Target, we use Fibonacci Extenssions; in this case, you have to identify the previous impulse before the correction and draw the extension from there (if you don't know how to draw fibo extensions check the link to related ideas. There you will have a full explanation of it) / Its imperative to always have Risk Rewards ratio above 1.5 on your trades, in this case, we have 1.9 so we are good.
SETUP: Now that all the previous items are OK, we will define our Entry level above B / Stop loss below C / Break-Even level on the first Fibo Extension / Final Target on the 2nd fibo Extension.
RISK: Your account will always be protected if you risk 1% of your trading capital on any given trade; that way, you can absorb losing trades without compromising your whole account.
$ZM ZoomTime to grab some $ZOOM guys, its nearing our (POI) zone, could be a really good trade, pandemic/virus still around not going anywhere anytime soon, work from home is still is continuing.People are realizing how important zoom can be. Above all price is at a really good spot.
Grab some while you can.
Watch $325-$300 (👀)
Trade Safe.
Use proper Stoplosses and do your own DD.
Peace✌🏽
Zooming Correction1) A symmetrical triangle has been confirmed and driving the downward trend further.
2) Attempted to reach 200 EMA , however will potentially bounce back up to 50 EMA and will fail to reach a/o cross it
3) If above mentioned point is TRUE, imminent filling the gap and breaching 200 EMA eventually, implying the price will likely to settle around next 300 support.
Thanks for you attention folks!
PS: my first idea published)
$ZM Has Come Into Support Area - Reversal WatchLook at how the price on $ZM reacted when CCI previously broke into the green box. I would add this one on my watch list for the reversal. Especially if it trades above $342.
If this occurs, my price target is $375 then $389. I've marked some key pivot areas on the chart to watch intraday.
If price opens below $336, you can take a short trade to the support level below. However, I would not take it with RSI being so low.
ZM - EW analysis - more downside as corrective waveZM - It is in B of Y of (Y) wave correction within complex correction. Expecting small bounce before one more fall of C of Y wave.
Give thumbs up if you really like the trade idea.
ZM stock LONGIt looks like ZM could be a good play for the first half of 2021 with more working from home during the winter months of COVID restrictions. They report earnings, I believe in March...
ZM needs to hold $310-$320, Once Confirmed Will Go LongZM should find support at the .786 fib, daily candle shows it still has room to the $300 mark. We should see the ZM hype come back when schools start to announce big catalyst decisions regarding the continuance of stay at home learning or mandatory in school teaching. Easy to see down trend once vaccine rollout started but logistical issues with delivery's and lower than expected vaccinated numbers makes ZM a prime long call move.
Alert $320
Long Call Entry $310-315
Slow and steady wins the race on this one.
$ZM - ZOOM VIDEO COMMUNICATIONS INC // LONG$ZM has been flagging since the second half of October; bounced nicely around .382 FIB level. Going Forward, this should act as key support. A retest of the support trend line, which has been acting key support since April, is likely.
Stop-loss and targets are given in the chart.
Short-term bearish, long term bullishWill see how the price action is going to be, watch list in the next couple weeks
ZOOM - 4H TF - Head & ShouldersHead & Shoulders pattern forming on 4H Chart of ZOOM. SELL 375, SL 436.1, Target(s) - 357, 350, below 345 -> 326, 305. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
ZOOM (ZM)| Short-, mid-term reversal area!Hi,
It is a short-, or mid-term opportunity because we don't know exactly when the lockdowns will end (people start to go back into their offices and start using video communication services a bit less) but atm looks like we can catch some technical movement.
Slowly the vaccin starts to kick in but let's see, there can be many-many obstacles considering vaccin and even covid itself so that's why I consider that the investment on Zoom should be short-, or mid-term.
Techincally the buying area stays $260 - $320 and the criteria:
1) Weekly EMA 50
2) AB=CD equal waves from the top
3) The mid-round number 300
4) Fibonacci golden ratio
5) 50% drop from the ATH
6) Small resistance on Daily matching nicely with other criteria
Do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!!
Good luck,
Vaido
Zoom Bounce off gap closeI like Zoom off this level. SL can be placed below the 200MA and the close of the power earnings gap seen in September. Sets up for great RR
$ZM **REQUESTED** Gross Overvaluation Will Catch Up Soon$ZM Video Breakdown going into the New Year.
