Zoom Video stock went up sharply for a couple of months after its IPO in april early last year, then consolidated for a long time. But the video conferencing software maker was delivering huge earnings and revenue growth. Zoom Video stock bottomed last October and really took off at the start of 2020, well before the coronavirus stock market crash. As the...
ZM has recently hit all time highs @ 135.98 followed by a gradual decline to 130.55. We see a clear divergence in trend between stock (white arrow), MACD, and RSI (red arrows). There is an opportunity to scalp puts to 121.87, before going long to 114 (see 15M chart) - I plan to buy ITM puts if ZM breaks and holds below 127.99 and TP profits at 40% profit or...
That is our trading idea in ZOOM VIDEO COMMUNICATIONS after a very bullish period of time. Now look for Short trades looking to reach the 38,2% Fibo of all the previous bullish leg, until the 15th of May 2020. SHORT at: 113,59$ STOP: 127.81$ TAKE PROFIT: 99,95$ Traders.....Good luck and Nice trading !!! #MARKTADVISOR
I really like this play going into 2020. Has some solid potential as a long play, and the chart is looking great for a near term options play. Hoping for some consolidation into a breakout next week. May not wait though... $ZM
Alex Vieira initiated coverage of ZOOM VIDEO with a STRONG BUY rating at $60 making it available worldwide in real-time unlike scammers on the web
Zoom Video Communications is making a really cool flag. There is about 20% to get to all time highs. Projected moves aren't made to make a trading plan, but it certainly helps to have them on the background.
An inverse cup and handle is present on the chart which caused an evident drop after the handle formed (in purple), ZM has recently seen some nice returns, this is expected to continue with the purple dotted line as a support.
Buy zoom from the zone 72.50-70.50$ , I think ZM will have correction . Our Targets are 77$ , 81$ stoploss closing 4h candel under 70$ . Good luck((.
Possible outcomes for $ZM, play both sides of triangle. Upper line is daily trendline resistance.
T1: 77.50 T2: 74.77 Long Term Target: 60
The bull market it's over
One of this year's hottest IPOs is still winning over new fans. Dmitry Netis at Stephens is initiating coverage of Zoom Video (ZM) with a bullish overweight rating . The analyst's price target of $115 suggests that there's 26% of upside from current levels, an encouraging goal for the provider of video-conferencing solutions for enterprises that has already...