Zoom Video Communications Inc.(ZM:NASDAQ) Elliott Wave Technical Analysis September 21 2022

TradingLounge
2022-09-21

Zoom Video Communications Inc., Elliott Wave Technical Analysis

Zoom Video Communications Inc.,(ZM:NASDAQ): Daily Chart, September 21 2022, 

ZMStock Market Analysis:I am looking for a pullback to come soon, as you can see we are forming RSI divergence.

ZM Elliott Wave count:  {iii} of 5

ZMTrading Strategy:Looking for a bounce in wave {iv} to then place shorts

ZMTechnical Indicators: The RSI is forming bullish divergence and we could most likely fins resistance on the touch of the moving averages.

TradingLounge Analyst: Alessio Barretta

Zoom Video Communications Inc.,ZM: 4-hour Chart, September 21 2022

Zoom Video Communications Inc.,Elliott Wave Technical AnalysisZM Stock Market Analysis: Wave {iii} has reached 1.618 {iii} vs {i} which could be the reason why we are starting to get resistance.

ZMElliott Wave count: (v) of {iii}.

ZM Technical Indicators:We are below all averages.

ZMTrading Strategy: For day trading you could even look at a pullback higher and buy the move

higher once the trend has clearly shifted.

# Technical analysis challenge

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Comment（82）

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  • YaleBrewster
    ·2022-09-21
    Zoom seems to be more popular in smaller companies “overall” from what I have seen. Still like zoom as an investment, more room to grow.
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  • XantheJuliana
    ·2022-09-21
    ZM can fall 26% thru exp before you start to lose.
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    • AsherA: 
      ci
      2022-09-24
      Reply
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  • shining87
    ·2022-09-21
    ZM updates Q3 2023 guidance to $0.82-$0.83 EPS and revenue guidance to $1.09 billion-$1.10 billion.
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  • ilod
    ·2022-09-22
    Thanks for sharing! 😘
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  • andy1967
    ·2022-09-23
    Thanks for sharing. Reversal not intact yet.
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  • jeffry09
    ·2022-09-21
    ZM I believe at one point someday, ZM will be bought out. Good products will never be wasted.
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  • Andie8392
    ·2022-09-24
    thanks for sharing .. good post
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  • Kerrisdale
    ·2022-09-21
    The downside is strong..
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  • 54oo_
    ·2022-09-22
    thanks for sharing
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  • ZenInv
    ·2022-09-21
    Should we follow Cathy
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  • MicandPotter
    ·2022-09-30
    OK
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  • Hiberaccoon
    ·2022-09-25
    🙂
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  • shawnpam
    ·2022-09-24
    gogo
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  • Newnew
    ·2022-09-24
    Hi
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  • AlanMario
    ·2022-09-24
    Ok
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  • kino318
    ·2022-09-24
    okay
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  • Mushroom88
    ·2022-09-24
    K
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  • Phillipsan
    ·2022-09-24
    👍
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  • Rtzeey
    ·2022-09-24
    👍🏻
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  • AlfonsoDex
    ·2022-09-24
    ok
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