ZM trade ideas
Zoom - R1, Easy 👍-With Zoom's stock spiking recently, it's clear that investors are once again positive about the company's future. And with some areas around the world still at the beginning stages of a COVID-19 vaccine rollout, it's possible that demand for Zoom's video services could continue for quite some time.
-For example, Sydney, Australia entered a temporary lockdown recently, and only 4% of the country is fully vaccinated.
ZM news for 6/10 sending higher?This name is on my calendar for tomorrow. Seeing as how I had M on my calendar today and at one point it was up over 8%, I figured I may as well document this to see how it plays out.
This is done through dowsing and I received this date on 6/1.
I anticipate a news event, but technically, I like the test of the daily trendline from above. I got the number 24, and thought it was days to hold, but looks like it may be percent? That would target $414.
we'll see if anything happens.
ZOOM Out, Bullish Opportunities
Hi traders:
I am also looking at ZOOM for the next bullish impulse phase.
We can see price had a strong bullish impulse up since Covid, and continue to push higher.
After reaching close to $600, naturally price begin to consolidate and correct into a descending structure.
As we know price needs to correct after a strong bullish move, the consolidation phrase begin.
The latest price action however, has manage to breakout of the continuation correction,
so would be best to wait for a lower time frame continuation correction to form and complete, then look for the next buy to the top.
thank you
Zoom Ready to Zoom?!?Zoom has a huge falling wedge pattern here and could finally be on the bring of breaking out! Keep an eye on it. I will be looking to enter some $380 or $400 Call swings when the pattern looks to be breaking out.
Conversely if we break down puts would be a great play under $325.
*typo white arrow is pointing to a LVN (white box), price action tends to move quickly through areas of low volume
(update) zoom stocks has just done a Great bullish movement!Hi every one
ZOOM VIDEO COMMUNICATIONS
this is an update for our recent zoom stocks analysis. as you can see the falling wedge which we talked about in the last analysis has been broken by the price ,so now with more assurance we can
say that the zoom stocks is about to increase to the top of this wedge once again! now the price is doing a pullback after that a great pump is waiting !
Previous Analysis:
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
beautiful breakout on ZMZoom broke out of the downward channel and out of the bearish Ichimoku cloud so there is nothing really stopping zoom from going ballistic this week. I will be long on zoom this month. Great long entry on a retest on the channel. Before going long make sure to wait for confirmation. You will get confirmation if it does not close back into the channel. it must hold above.
ZM filled the gap! time for bulls to take it back to highs <3ZM finding nice support here and breaking its downtrend channel ! looking for a rally to 400-430 area soon! RBC Capital analyst Rishi Jaluria named Zoom Video his top stock pick on Friday, giving shares a 12-month price target of $450. I think his price target can hit a lot sooner :) goodluck , leave a like and follow if you enjoyed my ideas <3
