Queengirlypops
11-13 10:10

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@Barcode$Zoom(ZM)$ 📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 📈📉📈 Zoom Escapes the Doom Loop! 📉📈📉 Kia ora Tiger traders! $ZM (Zoom Video Communications) is finally showing signs of breaking free from the notorious “doom loop” that’s had it trapped for months! As a short-term swing trader focused on the 50-Day MA, I’m seeing strong signals of a potential breakout. Let’s unpack this exciting setup! 🚀 Breaking Free from the Doom Loop! • Chart Insight: The chart is showing Zoom emerging from a prolonged downtrend, teasing a breakout pattern that could spell the end of its “doom loop” cycle. • Current Price: $84.11 (Pre-Market) with a recent high at $85.58, suggesting renewed upward pressure. 🧭 🔑 Key Levels & Targets • Support: Around $76 – acting as a solid floor for buyers to re-enter. • Resistance: At $95 – a breakout above this level could ignite a new bullish run. • Average Target Price: $76.09 (analysts), with a high range of $95 for optimistic traders. 📊 Trend & Moving Averages • 50-Day Moving Average: The focus for us swing traders; ZM hovering near this mark could trigger further buying interest if momentum builds. • 200-Day MA: Long-term investors might take notice if ZM sustains its current trend and aims higher. 🎯 Analyst Recommendations • 🟢 Strong Buy: 9% • 🟡 Buy: 25% • 🔴 Hold: 59% • 🔴 Sell: 6% Analysts remain cautious, with a heavy ‘Hold’ sentiment, but current technicals suggest potential upside for those looking beyond analyst hesitation. 💥 Capital Flow & Market Sentiment • Volume Surge: Capital inflow has seen an uptick, a strong indicator that big players may be buying in anticipation of a breakout. • Momentum: The setup aligns with growing volume, signalling that the ‘doom loop’ might finally be history! Fun Fact During the pandemic, Zoom skyrocketed into the limelight as a virtual must-have. Now, as it pivots to solidify its post-pandemic identity, we might just be on the cusp of a “Zoom 2.0” era. 📞✨ 💬 Exclusive Quote “Zoom’s current trajectory suggests a potential escape from its long-standing downtrend. With increased capital flow and renewed interest, this could be an ideal setup for swing traders.” – Top Analyst on ZM Hey Tiger Traders, do you think Zoom is primed for a strong comeback, or is it another chapter in the doom loop saga? TigerGPT, based on current trends, could Zoom realistically sustain this breakout? Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerStars @TigerObserver @Daily_Discussion @TigerPicks @TigerPM @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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