Zoom has certainly been a hot topic in the stock market as of late, with the increasing popularity of remote work and virtual meetings. The volatility in the market makes any stock trade idea risky, but there are a few factors to consider when it comes to Zoom.
First, it's important to look at the company's financials and performance. Zoom has shown impressive...
🟢 ZM (Zoom)
TF: 1D
Side: Long
Pattern: Bullish Divergence
SL: $65.52
TP 1: $82.09
TP 2: $89.30
TP 3: $95.13
Spotted some bullish divergence on Zoom on the 1D time frame.
You can buy now and DCA if the price reaches the red area or wait to see if the price goes there first.
ZM Zoom Video reached our Buy Area:
As you can see in the chart, Zoom Video Communications, Inc. (ZM) reached our price target!
Friday, before the close, at 16:29:37 someone bought 20300 ZM shares at $72.29 for about $1.5Mil.
But that`s not all!
Also before the bell i saw 9K calls worth $1.4Mil, with the following characteristics:
2022-10-21 expiration date...
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...
Just expect to happen something like this!!! we are in complex wave 4, and here is the chance to start wave 5.
Also We may encounter a triangle pattern!!!
Zoom is bouncing... Just look at the daily candles leading up to our 3.40% bounce on friday 9/17, they couldn't have looked better than that. You also cannot ignore the oversold RSI on the daily, we have NOT seen this since the last time Bernie Sanders had a heart attack, which was in October of 2019. I love the entry here just waiting for a trigger and...
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.
As the UK goes back into lockdown, it's only natural large companies and corporations alongside the general public will start making use of zoom to stay in touch. Zoom is estimated to report earnings on 12/03/2020. Looking very bullish.
Technical Analysis of $BA plus this week's option play.
Zoom says added over 100 features as part of 90-day security plan
What we are looking for:
Breakout & hold from $262; These last few waves have been consistantly $20 per leg, looking for $279 next.
Retest of $254 providing a great entry, then breakout of $262
The Play:
$280 Call 7/17 @ $410...
