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.
ZOOM NASDAQ:ZM Q2 2023 Earnings Key Points.
Q2 Summary
In Q2, Zoom reported a total revenue of $1.139 billion, representing a 4% year-over-year growth. The Enterprise business accounted for 58% of the total revenue, and the company saw an increase in the number of Enterprise customers. Zoom's non-GAAP gross margin for Q2 was 80.3%, demonstrating a strong...
ZM gathering momentum after consolidating for the last few quarters and beating earnings.
Now, running above the 50sma. If this breaks out successfully, we could see it head towards 80. Looking at volume to step in.
#ZM too much news come out.
So far i still bullish #ZM. After fall down because of downgrade news, #ZM is still holding good support at 63.5$
1hr chart creating bullflag. f bullflag play out next target will be 70-71$.
This bullflag will be failure if #ZM close below 67.2 $
If you haven`t entered ZM here:
Or sold here:
Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 66usd strike price Puts with
an expiration date of 2023-8-25,
for a premium of approximately $3.45.
If these options prove to be profitable prior to the...
NASDAQ:ZM Earnings:
- GAAP EPS of $0.59
- Non-GAAP EPS of $1.34
- Second quarter total revenue of $1,138.7 million, up 3.6% year over year as reported and 4.5% in constant currency
- Second quarter Enterprise revenue of $659.5 million, up 10.2% year over year
- Second quarter GAAP operating margin of 15.6% and non-GAAP operating margin of 40.5%
- Second quarter...
#zm sideway 8 months and run out of bearish channel.
Look like creating Falling Wedge.
IF #ZM can hold above 65$ , next target : $68/$71
IF #ZM below 65$ , next target 63.5$/60$
If this is not the last leg of supposed impulsive C of a larger flat, we could be simply having a Flat as a wave Y of a double combo.
Waiting for 3... if it ever comes.
rejection here and break of 71.11 and dip to 67 area before more rip is likely.
if we can finally break and hold above 75.. then a think push to 90-100 will happen quick.
boost and follow for more.. thanks 💛
NASDAQ:ZM Zoom has retraced 100% from its all time highs.
It is currently consolidating, forming a double bottom and moving in a very similar pattern to $ROKU.
The questions is will it make a new low or start a new bull run. I am expecting the latter - A new bull run.
Options ideas: $100 strike, expiry 15th September 2023 with 10% SL, currently priced at...
Zoom Video was a darling stock during the pandemic when office workers were sheltering in place at home and communicating via video chats. Price hit a high near $600 in Q4 of 2020 and has fallen roughly -80% to current levels where it has levelled off and appears to be forming a bottom in the $70 range.
Currently price is attempting to hold and trend above the...
Hi guys, this is a Technical Analysis on Zoom.
So many stocks have done well in this bull market and some not so much. My focus is to catch some potential ones that are down significantly from their blow off tops, in the process of bottoming.
Note this is a 3 Day timeframe. This analysis is to see hints in these intermediate timeframes to see whether there is...
