Zoom Video Communications Inc.(ZM:NASDAQ) Elliott Wave Technical Analysis October 20 2022

Zoom Video Communications Inc., Elliott Wave Technical Analysis

Zoom Video Communications Inc., (ZM:NASDAQ): Daily Chart, October 20 2022, 

ZM Stock Market Analysis:Looking for further downside overall as there is not clear sign thetrend is up and the most recent move down from wave 4 is only a three wave move which makes itan incomplete bearish sequence.

ZM Elliott Wave count: wave {iv} of 5.

ZM Technical Indicators:We are using the 20EMA as resistance.

ZM Trading Strategy: Looking for further downside to be traded, however wave {iv} could getlarger.

TradingLounge Analyst: Alessio Barretta

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Zoom Video Communications Inc., ZM: 4-hour Chart, October 20 2022

Zoom Video Communications Inc., Elliott Wave Technical Analysis

ZM Stock Market Analysis: Looking for wave {iv} to be either completed(current labellig) or elsedouble correction higher.

ZM Elliott Wave count: wave {iv}.

ZM Technical Indicators:20EMa acting as support. 

ZM Trading Strategy:We have a clear three wave to the upside meaning the trend is still lower,therefore we can look for shorts.

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  • Road1Warrior
    ·2022-10-20
    alright to add
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  • Becker.224
    ·2022-10-20
    聚聚OVI商店里
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  • MichT
    ·2022-10-20
    Thanks for the update
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  • RXU
    ·2022-10-21
    stable and no longer command high valuation
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  • "很好,谢谢你的分享
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  • bwjx
    ·2022-10-20
    nice analysis. short at 82 [Happy]
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  • Kyesu
    ·2022-10-20
    Read and thanks
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  • chrng
    ·2022-10-20
    [Anger] [Tongue] [Anger]
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  • Jess261
    ·2022-10-31
    okay
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  • sesemike74
    ·2022-10-24
    ok
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  • Falafulu
    ·2022-10-23
    Ok
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  • aozora
    ·2022-10-22
    Ok
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  • Huat8Huat
    ·2022-10-22
    [Cool]
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  • Jess261
    ·2022-10-22
    okay
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  • StarLuck
    ·2022-10-22
    Gogo
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  • cat101
    ·2022-10-21
    Agreed
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  • BlueDragon
    ·2022-10-21
    ok
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  • ookezy
    ·2022-10-20
    Like
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  • miilic
    ·2022-10-20
    k
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  • wa
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