Positive Divergences are developing in many stocks as they reach strong support levels. NVDA, SYNH and ZM are examples that showed signs of the run down ending as volume indicators diverged upward against the decline. This is an early buy to cover signal for short positions.
NASDAQ:ZM Possible Scenario: SHORT Evidence: Bearish Price Action, Bearish Channel Breakout, Bearish Divergence, Moderna Vaccine, Official Election results TP1: ~381 TP2:~348 This is my idea and could be wrong 100%. *I'm a day-trader, so this idea is valid for few days, long term I'm bullish on this stock.
NASDAQ:ZM Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%. TP1 ~450$ * Call options for 12th Feb, 420$, 425$, 450$ is good strategy
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
If you haven`t longed ZM Zoom with me here: Then you should know that $80 is the price where i would long it once again after the second-quarter revenue miss. Looking forward to read your opinion about it.
Today we have ZM (ZOOM) on the daily chart With the huge sell offs in the market we still see much more downside on the table especially for growth and tech stocks like ZM. We offered a bullish outlook that would have an inverse Head & Shoulders forming However to complete the right shoulder we would still need to sell down into the low High 90s We do have...
ZM has been on a steep downward trend since stay at home began to lift last year. Now its nearing the IPO stock price with 10x the revenue. We all know it can go lower but perhaps at these prices your considering a position based on its new lines of business and cash stock pile that is ripe for acquisitions. So let's look at a play that can provide a buffer down...
ZM will continue to increase user base in the next few years even if work-from-home subdues. It has made a perfect ABC correction with A=C & is has been consolidating in the pre-pandemic 102 zone since Russian invasion started in Feb 2022. The risk of worst-case scenario is very low compared to the great upsides if a new EW cycle begins after ZM breaks above the...
Among other trades, ARK sold 293,661 shares of NVIDIA (NASDAQ:NVDA) and 954,387 shares of Signify Health Inc. (NYSE:SGFY), as the stock spiked recently on reports of a bidding war between Amazon (NASDAQ:AMZN), UnitedHealth (NYSE:UNH), and CVS (NYSE:CVS)
I like Zoom fundamentals. Global leaders. Great product. Excellent management. Huge users base that will be leveraged with more added value services. Huge scalability with long term visibility. But. Back to today. So we might break the neckline soon. 155 min target.
Bad news for ZOOM and its investors. Although the company reported better than expected EPS on Monday the shares dropped on expectations for weak results in the next earnings season. The end of the COVID restrictions pushed people to return to work and rely less on video conference calls. The next price target is located at the major support level of $60 Risk...
Expecting a retest current pivot low $98s, then a pull up towards $110 with good ER report? Observe for buy/sell signal by the afternoon. On a mid-long term, more consolidation between $123-85 to be expected before decide new trend. ** Possible break through previous low $79.
ZM broke its rising line of higher lows this past week as if it is selling in anticipation of earnings. A number of overhead resistance levels to contend with. But I think it will live below the 135ish area for quite some time.
Zoom is a decent stock if you are thinking about adding a communication service stock to your watchlist/portfolio. It is currently showing a possible head and shoulders, but I think it has a way to go down after! The original Heavy buying positions is the $116 area!
On H4, with the price going along the ascending trend line, and the MACD histogram is above zero, we have a bullish bias that the price may rise form the buy entry at 113.74, which is in line with the 61.8% fibonacci retracement to the take profit at 125.10, where the swing high resistance and 61.8% fibonacci projection are. Alternatively, the price may drop to...
Let me know your thoughts! Chart pretty much speaks for itself. We have; Trend based fib. Diamond reversal pattern forming on the right shoulder of a potential H&S. Earnings could be the catalyst that gets this stock moving along with a change in direction of the general market. Will look to see how it reacts at 105, strong support with follow through can be a...
Buy above $107 TGT-1- $112 TGT-2- $117 SL: 102 Sell Below $102 TGT-1-96 TGT-2- $85, $79 SL: 107 Always keep strict stop loss
Another idea I suggested to you: For me, the idea was as simple and clear as it could be, so I was able to make a good profit. I attaching the execution on the chart above.