ZM after its big pump since IPO - has been fallen, and now back to its debut. Usually a support level will be formed around IPO price and hopefully a bounce will be seen up to its next resistance level. Waiting for a sign of bottoming around the IPO price, and set up long positions with stop-loss at the bottom around 60, aim for higher price around 73 to...
Chart is a mess
T1: 77.50 T2: 74.77 Long Term Target: 60
huge volume today, I think it's building the bottom, bought 4 mid Nov 75 call, first target $77, second target $95, sell two call if price go up to $77, stop loss $68.3
Until trend changes looking at shorting on bounces
===Entry level $84 with $95 as potential upside target on a sustained market rally.=== Zoom Video Communications, Inc. engages in the provision of video-first communications platform. It connects people through frictionless video, voice, chat and content sharing, and enable face-to-face video experiences for thousands of people in a single meeting across...
NASDAQ:ZM has dropped almost 30% from recent highs @$105 now its good risk reward opportunity for bounce back play. Entry around $75. Place stop around $71 and take profit target $100. Almost 30% drop from recent highs RSI 30 shows strong oversold Risk reward 6:1 Company is growing fast, last earnings beat analysts expectations
The bull market it's over
In the last week ZOOM has seen a nice reversal on indicators and price action. As from early August we were quite bearish as volume was declining considerably but we are now neutral on the stock and see it as much to high of risk to trade this into earnings. AVERAGE ANALYSTS PRICE TARGET $86 AVERAGE ANALYSTS RECOMMENDATION HOLD P/E RATIO ...
Zoom posts earnings on September 5th and I am expecting them to beat the expectations. If this is a stock you have been looking to enter in, wait until 15 minutes prior to the traditional market close on September 4th and put in an entry. Clear descending triangle pre-earnings indicative of break-out is likely; targeting a bounce to 100.00 after-market with a...
Watching for a decision soon. Close above $103 looks bullish to 115-120, possibly extending if a bull flag forms in this area. Bearish on close below the ascending trend line to 90 and 75 supports
Showing strong reversal from last weak bearish pattern and now closed above recent top 102.2 (78.6%) targeting the main top at 107.34 then extended fibo at 113.11 after that we can expected pullback to the support above 80-70
One pattern: rising, correction by 2/3, double low, rising... you decide. ;-)
Candlesticks pattern showing further drop with more money flow get out !!
Recent weeks run failed to test ATH. Needs to cool down/pull back to initiate a new one. MACD crossed downwards RSI(14) around 50s CCI(20) around 28 If monday begins red then, possible to see; First Level = 89.51 Second Level = 85.09 (if it cant hold within the 89-93 range.