potential big move on $zmdue to the price pattern has formed in the last 3 years, it seems we are going to have a potential big move on $zm. breaking the trendline has been marked on the chart would be a great trigger to buy(long). target of the upcoming move will be updated on comments. Longby soheilbehnoud12
ZM: Is Zoom starting a new cycle?Zoom has broken out of a very long downward channel this week and the weekly close was pretty good. This could be the end of cycle wave 2 which came about an inch from getting invalidated. If Elliott wave principles hold then Zoom has completed a complex correction and starting cycle degree wave 3. Before getting too excited though, a full 5 waves motive followed by a 3 waves corrective price action needs to play out. Right now there should be enough momentum to get to $88 or maybe attempt to close the gap at $96.by mukit11
The Zoom Chart Has To Be SeenFew charts can explain the euphoria and panic of markets more than this chart of Zoom. We've also used Zoom at least once by now to make a voice and video call. It was the darling after the Covid lockdowns because it was leading the way for remote work. The before and after can be easily seen just by looking at the chart. It was up 900% in a brief period of time! Then... it dropped 90%. The euphoria of remote work, fast growth, and easy money. Followed by the return to normalcy and a crash of its price. The question now is as follows: at what point is Zoom a value play? It remains the leader of video conferencing and still has a large, global customer base. They surely need to innovate and create more solutions. Time will tell. I have no position. Just watching the chart. I do think a swing trade could set up as it drops even more. A quick rebound appears possible. Zoom would be foolish not to cut costs and attempt to buy some shares back down here.by scheplick4426
$ZM looking good for a long at these levelsI've been waiting patiently for NASDAQ:ZM to get back to the low $60ish range. My level of interest finally got hit, will likely enter a long around $60.50-$61.50 when the market opens early next week. Would look for a bounce back to $100+Longby benjihyam1
ZM (get ready for the reversal)ZM is at the hottest spot for bullish reversal (Falling wedge). Longby jado152
ZM - Strong Falling Wedge Zoom is within a falling wedge on this 4Hr chart but can be reflected on higher timeframes also. This will result in a big breakout once the falling wedge reaches its breaking point. Bullish chart pattern by Bixley0
Bull dead for the momentWaiting for a further downwards developement. Assuming that the Ending diagonal is in play. Need a motive wave to confirm that something has ended. Motive is needed to confirm that something is beggining as well.by PK_SEND_IT1
$ZM breaking down out of wedge. Sell below 64.49!!With Cathie Wood and hundreds of other funds stuck in a name with decelerating growth, while it breaks towards new lows, trading at 208 PE...... hard to be bullish here. SWINGING Shortby SwingDaddy692
$ZM Cypher potential Low conviction set up on NASDAQ:ZM , .50% risk max to account. Watching 786 level highlighted. If 618 holds here it may not come into play. Tp stop even, take some off.. Aim Tp 2, 3 & 4 Longby FrancesMarieUpdated 5
Long Zoom 1:9 R/REntry: $67.83 Stop loss: $67.70 Target: 69 Risk to Reward: 1 : 9 Just entered. Bounce play to 69 at local support. Tight risk.Longby EquityCastUpdated 110
Bull aint deadBull on Zoom is still alive and possible. Current valid EW count of a double sideways. Two more waves are needed to have a propper image of what is happeningLongby PK_SEND_IT221
Long ZM @69Risk to Reward (R/R): 1 to 4.5 Entry: 69 Stop: 68.50 PT #1: 71.25 Subject to profit-taking prior to price target and increasing stop loss to break-even as appropriate.by EquityCastUpdated 0
Investing in Zoom stock: Will You be Profiting Long-Term?Are you on the lookout for a solid investment opportunity in the current market? Look no further than Zoom Video Communications! Although media reports or rumours about a significant change in a company’s business prospects usually cause its stock to trend and lead to an immediate price change, certain fundamental factors always drive the buy-and-hold decision. Zoom Video Communications stock company is reacting to a very strong monthly demand level located around $70 per share. There is a lot of profit for margin for this long-term buy opportunity of Zoom Video Communications shares. There is room for this tech stock to reach $250; it will need a few months, buLongby AlfonsoMoreno117
Will it hit 100?Once it breaks above 73, there is a high chance it could touch 100 within three months. Stop loss 67.Longby babu_trader0
Long term bullImpulse still not invalidated. After a full cycle, Zoom might be ready for a higher high. Elliott wave is showing us a clean potential for a something like that. 5up 3 down. Longby PK_SEND_IT2
ZOOMING IN at ZOOM.. zoom up soon..A look at monthly chart -- this stock is clearly shifting. All you need is a timely SEED and Patience. Then just wait it out. No complexities needed. Spotted at 69.00 SL at -10% (63.0) TAYOR. by JSAL2
Zoom Inc TimeFibs RedefinedSince we're approaching the channel breakout in linear scale: It's time to redefine timefibs to a cycle of 2 historic tops so that ATH is 0. Golden Ratio of the cycle has defined the reversal, so making rest timefibs more solid. The channel applied here is functioning on log scale which is aimed at bigger moves, because falling 2 years straight has eliminated significant amount of bears into disbalance. Doesn't mean that it has no odds of further falling. Obviously if the price holds in current range of these historic lows. Just like here: Specifically, it's a challenge for Zoom to hold current levels in worsening conditions of the economy. Chances of Federal Reserve with further tightening is high. Therefore low levels doesn't yet mean a straight growth, but we do expect the pullback of the general decline. If we look closely, we can see reverse H&S shapes but bent downwards. If that pattern was clear and not so distorted, I'd be more bullish. Now it might take another cycle as an attempt to shake more bears off the market to be able to accumulate counter incentive to initiate the pullback.by fract12
Zm idea Getting oversold on the 45 min and lower timelines . Scam lost the 70 support . Calls are olmost worthless . That’s the risk of buying weekly options that’s why I preferably buy at least 2 weeks out . if this doesn’t bounce back tomorrow after a small gap down then there is no reason to buy more calls on this stock .by Todopoderoso1
ZOOM VIDEO Stock Chart Fibonacci Analysis 030123 Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 70.6/61.80%by fibonacci61800
Zm stock Lol don’t understand why even after the earnings report this stock hasn’t move at all got in at around 74 it was up but quickly reversed just like SQ also very similar structures both have support at 70 . I really don’t see it go any lower than that no reason . Unless the stock market crashes. Longby Todopoderoso222
Zm stock Grabbing some calls here after todays dip I don’t think the market breaks lower in the coming weeks . Zm earnings for Monday and they have beaten every single estimates . But the stock has crashed from 500 to 73 since peak I think it has a potential to start to go up this year. also still holding my SQ calls for a few more days . Unfortunately I hedge with Puts and the market didn’t move as expected so am at near break even right now . Longby Todopoderoso0
Potential swing trade with ZOOMInformation and ideas are on the chart. Potential longer term play in Zoom. Not financial advice. Longby ECT872
TryingZM is trying to form a pattern and it appears to be a cup. I do not see a true handle yet. Short interest is around 6.85% Earnings are 2-27 AMC. No recommendarionby lauralea1