ZM Weekly GC RetestZM 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.Longby in3rti4Published 0
Massive opportunity in the tech sector - Zoom 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. Longby SynergyTradingSetupsUpdated 6
ZM signal of strengthAs 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.Longby in3rti4Published 0
ZM: Two Trading OpportunitiesZM: 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 holds strong, chances are very high that ZM will test 64 again before moving up again. I prefer to wait for the price test of 64 before jumping into this long opportunity. So let's see. Thanks and good luck!Longby KlejdiCuniUpdated 101026
Zoom coming off lowest volatility reads in historyIt'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. Longby in3rti4Published 0
ZM PERSPECTIVEZM 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. Longby TraderChamp-ProPublished 333
ZM Weekly Gaussian Bigger PictureZM just closed inside the Weekly Gaussian for the first time since 2021.Longby in3rti4Published 1
ZM Weekly Gaussian BreakWill this week confirm? If so, there's a high probability of a test of the mean (middle) band.Longby in3rti4Published 0
Can ZOOM Recover the massacre?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 performance. The company's non-GAAP operating margin stood at 40.5%. Research and development expenses increased by 6% year-over-year, while sales and marketing expenses decreased by 3%. General and administrative costs declined by 19%. Zoom's non-GAAP operating income grew by 17% to $462 million, and the effective tax rate for the quarter was 18.5%. The company ended the quarter with approximately $6 billion in cash, cash equivalents, and marketable securities. Forward Guidance Looking ahead, Zoom expects Q3 revenue to be in the range of $1.115 billion to $1.12 billion, representing 1% year-over-year growth. For the full fiscal year 2024, the company anticipates revenue to be in the range of $4.485 billion to $4.495 billion, with an operating margin of approximately 38%. Despite the macroeconomic pressures, Zoom aims to maintain revenue through upsells and accelerate growth through new product offerings. The Contact Center platform is expected to contribute to future growth and add new features. Zoom is also exploring the potential of AI to enhance retention and drive revenue growth. Strength Zoom's product, Workvivo, is valuable for building culture in a distributed workforce. Success with customer wins, including the United States Postal Service, Brookdale Senior Living, Perdue Farms, Valmont Industries, and Dollar General. Improvement in churn rates and an increase in the number of Enterprise customers. Non-GAAP gross margin of 79.7% and non-GAAP operating margin of 40.5% in Q2. Healthy growth in $100,000 accounts attributed to the success of Zoom One. Success in deploying Zoom Phone and integrating it with the Contact Center. Adoption of generative AI features like meeting summaries and real-time meeting inquiries to add more value to customers. Stabilization of churn rates at a new level and more robust pipeline for Q3. Zoom Phone's penetration is doing well, with a massive opportunity for growth in Zoom One. Progress on Zoom Phone and Contact Center and potential reacceleration of Net Revenue Retention (NRR). Weaknesses Deceleration in metrics like India growth, online churn, and enterprise customer additions. There was a slowdown in seat growth, but successful upselling of additional products like Zoom Phone. We must improve metrics like Zoom Phone and Zoom One to drive growth. The long-term strategy for monetizing generative AI and driving usage of non-core products. Lack of visibility into Contact Center revenues for the next four to six quarters. Macroeconomic pressure and the execution's role in Online performance. Retention and revenue growth rely on AI capabilities. Limited information on NRR target and growth trends in Enterprise and Online revenue. Need for customers to be aware of other services beyond meetings. Variability in Contact Center attach rate and pricing based on use cases. Strategy Moving Forward Zoom's strategy includes adding more value to customers by incorporating generative AI features and leveraging AI to build new services and innovations. They differentiate themselves by not charging separately for AI features but instead focusing on providing fair pricing and monetizing AI through new AI services. Zoom is pleased with the stabilization of churn rates and is focused on improving metrics like India growth, online churn, and enterprise customer additions. They are confident in their ability to compete against other cloud-based or on-prem-based Contact Center vendors and consider the Contact Center business to be a significant growth driver in the future. Technical setup: Potential Cup and handle formation in the making. Source: Zoom Video Communications, Inc. (NASDAQ:ZM) Q2 2024 Earnings Conference Call August 21, 2023 5:00 PM ET #zoommeeting #equities #equityresearch #nasdaqLongby ShukriMahadiPublished 224
ZM 2H 2023, 1D chart. 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.Longby cmergedPublished 0
ZM creating bullflag on 1hr chart #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 $Longby pninh0911Published 1
ZM Zoom Video Communications Options Ahead Of EarningsIf 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 earnings release, I would sell at least half of them. Looking forward to read your opinion about it.Shortby TopgOptionsUpdated 224
Zoom Earnings 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 operating cash flow of $336.0 million, up 30.6% year over year - Number of customers contributing more than $100,000 in trailing 12 months revenue up 17.8% year over yearby SunnylifemoneyPublished 1
ZM sideway run out of bearish channel #zm sideway 8 months and run out of bearish channel. Look like creating Falling Wedge. IF #ZM can hold above 65$ , next target : $68/$71 IF #ZM below 65$ , next target 63.5$/60$Longby pninh0911Published 0
Potential higher prices for ZoomPrice action shows up its potential for higher prices on Zoom. Also at a key Level and trendline it has bounced from multiple times in the past.Longby chart_artistryPublished 0
Potential countIf 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. by PK_SEND_ITPublished 1
ZM make or break time 🐻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 💛Shortby Vibranium_CapitalPublished 1116
$ZM - Boom or Bust? 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 $60 a contract. Longby BradtheinvestorPublished 0
$zmGood accumulation basing, currently on volume support. RSI and MACD lining up. Fundamentally not like this, but lets get to that $90 gap! yiieahhhLongby rubfiguePublished 0
Zoom Potential Rounding Bottoming 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 200ma which it hasn't done since the summer of 2021 when the previous attempt to regain the 200ma failed. Going forward we want to see price hold above the 200ma and take out short-term resistance at $75-$76.The short-term MA's are currently rising above the longer MA's which is an indication of a short-term bullish trend for price. We want to see price continue to move higher and for the short MA's to rise above the 200ma for a sign of bullish trend continuation. The PPO indicator show the green RSI line rising above the purple signal line which is a short-term bullish momentum indication. Both lines trending above the 0 level indicates intermediate to long-term bullish momentum behind price. The TDI indicator shows the RSI line crossing above 60 and in the upper half of the white Bollinger Bands which indicates a short-term bullish trend in price. The overall action of the green RSI line is trending between the 40-80 levels which indicates intermediate to long-term bullish price trend. Going forward we want to see the green RSI line continue to rise above the 60 level for short-term bullish bias in price which would help maintain above the 200ma. Price gapped down in Aug of 2022 so should Zoom hold current bullish bias and take out short-term resistance levels we could see a move to fill the gap up near $95-$96. My entry is at $73.95 with a stop loss at $68. No upper price target for now other than the gap target, will raise my stop-loss order as price moves higher and creates a series of higher highs and higher lows assuming that a breakout is coming. Longby PrepForProfitPublished 4
ZM - 3D timeframe hints at potential MACRO shiftHi 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 potential for these findings to impact the bigger picture or MACRO trend. Current Price action for the last 4 candles have printed support above the 50 DMA (green moving average) and 21 EMA (Yellow moving average) Note also the 50 Green DMA is starting to flatten out, indicating a potential BOTTOMING sign, since if you look left the things been signficantly pointed down since blow off top. Also note the 21 Yellow EMA is starting to slope up, trying to cross over the 50 DMA. This has happened only 1 time in the history of 3D Zoom chart but when it did, a massive bull run ensued after. This is something to OBSERVE. ANother plus point, we are above the 2 sloping trend lines that were resistance lines since July 2022 and Nov 2022. NOw lets look at the CANDLE characteristics of the 4. Its important to notice the UPPER WICKS forming -> this indicates selling pressure, and that we are hitting on some tough resistance, indicated by the RED rectangle. BUT note the highlighted candle formation -> This is a Dragonfly doji, which is a BULLISH candle pattern. I wont go into the details as i am not an expert but just note its not a traditional dragonfly so the power of its impact, may vary. (Again i could be wrong, so don't hold me to this and correct me if im wrong) Note the tail of the Doji, how it bounced off this major convergence of support between the July 2022 resistance line, and both MA. Great sign in my opinion for a bullish case. BUT also keep your mind on the various support lines below price action, if we get rejected here which is always a possibility, look for price to test: 1. Firstly the moving averages 2. The July 2022 resistance now flipped support 3. November 2022 resistance now flipped support 4. Lastly, the RED horizontal MAJOR bottom support at around $61. WHich we have never gone below in the history of ZOOM. Lets move onto my indicators: 1. RSI- Note the Red line, this is actually a reference to the BULLISH DIVERGENCE forming in zoom. Notice also the first white horizontal line, We have recently broken major resistance and formed a higher high in RSI. This is a good sign in my opinion. The 2nd white line above, is something that if we break would indicate MAJOR trend change, as we would break the June 2021 highs on RSI. 2. MACD -> momentum indicator -> Notice how the histogram bars have shortened and the Blue/Red lines have flattened. This in my opinion, this "quiteness", may indicate a "Calm before the storm" scenario. Also if we are crossed up where the Blue line is over the red and ABOVE the 0 level, that could be a sign for bullish momentum. Especially if the space between the 2 lines widens. 3. ADX & DI - Notice the green line is slowly moving above the White horizontal line, if we can get significantly above it, its may indicate a chance for further bullish momentum. If also the white line comes up and pierces the green line, that would add to the bullish momentum case. *BULLISH DIVERGENCE is a bullish pattern where price action on the charts shows lower lowers but the indicators show higher lows. This pushes price to "catch up" with what the indicators are showing, since normally price action should mirror indicators & vice versa. CONCLUSION: Price action is currently in an interesting zone of resistance. Getting above this would be monumental for ZM for sure. We have some great support levels hanging out below us, which could make for some nice BUY zones if price gets there. But in the great scheme of things, and in my opinion, NOT Financial advise -> Zoom is extremely cheap. There are some bullish signs like the dragonfly doji, potential EMA/DMA cross, Higher high RSI and more...... COuld these be the necessary catalysts to have zoom finally start a bull run, well....... TIME WILL TELL. THANK YOU for taking the time to tune in. Please support me by boosting, following and commenting. Feedback always helps and or expressing your thoughts would be great. DISCLAIMER: This is NOT FINANCIAL ADVISE. I am not a financial advisor. This is strictly my opinion and for educational expression. Trade with caution, always focusing on RISK MANAGEMENT. Protect yourselfs, deploy stop losses. Longby SafofAllTradesUpdated 0
ZOOM Weekly Technical AnalysisZOOM weekly - EDUCATIONAL only - Support, Resistance, Confluenceby BahamasXUpdated 445
i bought zoom video communications inc.Zoom, stylized as zoom or Zoom Meetings, is a proprietary videotelephony software program developed by Zoom Video Communications. The free plan allows up to 100 concurrent participants, with a 40-minute time restriction. Users have the option to upgrade by subscribing to a paid plan.Longby space_bearPublished 113