Dear Zoom, could you please decide on your direction if it doesnt bother you.
Sincerely... The holders.
Suggested impulsive path in yellow presented.
Red count would be bearish...
Waiting... for a sign of life
ZM looks interesting here giving off signals on the 4 hour. Bullish divergence that matches signatures from past bounces alongside a cup and handle formation. Multiple factors here for a nice late Sept / early October.
ZM not only broke into the 1W GC two weeks ago, the next week it confirmed the breakout by fully closing in the GC, and just this week held the GC at support. Methodically building market structure.
*investment opportunity*
A 90% correction since late 2020 on the above 4 day chart. There now exists an excellent opportunity on this stock. Why?
1) Price action and RSI resistance breakouts.
2) Support and resistance, look left. Price action is on past support. Terrific.
3) Bullish divergence. Lots of it, as measured over a 100 day period.
Is it possible...
Not something you see every day. Look at this macro chart. Multiple bullish divergences. A sweep of the low. A fake out after earnings. A macro breakout retest. Have you ever seen the WallStreet cheat sheet in real life? :)
Bullish Alert + Bullish Crossover
The price seems took support on the ema 21 with a nice consolidation area.
A new action upward may be ready.
Waiting for a new high.
ZM has many signals of a macro bottom. One example, the 4 day chart. This one chart has multiple things going for it and many signals pointing to more upside in the coming months.
In this work, I will analyze Zoom Video Communications, Inc., a leading company in the cloud communication and collaboration sector, which offers online videoconferencing, chat, telephony, webinars, among other services, for different segments and audiences. My investment thesis is that Zoom is an innovative and profitable company that has the potential to remain...
ZM recently had a 1W Gaussian Channel breakout and confirmation candle last week. This week, it appears that it is going for a retest of the break. Quite the interesting time to be involved.
Zoom has flirted around this level for a while now giving us a perfect opportunity to enter a long.
In this set you have to understand the orange support. Why would buyers bring the price back above and confirm it as support once again after all this time? Because sellers failed and are exhausted.
See you at the Take Profits.
As we know, ZM, in the 1 week timeframe, broke the lower band of the Gaussian Channel. This week is the confirmation candle. It remains in the GC with 3 hours left to go at the time of this post. It seems likely to be confirmed today.
ZM: Two Trading Oppotunities
Starting in early December 2022, the price is moving between a wide area 64-75.
In the lower part of the structure, ZM proved several times that the buyers are well positioned near that area.
Currently, the price can move according to both scenarios.
A move above 75 should push the price higher under current conditions.
If 75...
It's no surprise to anyone that ZM has had the lowest volatility reads on multiple timeframes in the assets history. It's just coming off and starting to curl up on a break of bearish structure.
ZM confirms a bullish breakout on the trend line and also the triangle formed after being supported at the highlighted zone. Here we are expecting a continuation in the rally to the upside on both hourly and daily timeframes.
