Jump to content

Zoom Video Communications Inc.(ZM:NASDAQ) Elliott Wave Technical Analysis 4 April 23

Recommended Posts

Zoom Video Communications Inc., Elliott Wave Technical Analysis
Zoom Video Communications Inc., (ZM:NASDAQ): Daily Chart, 4 April 23,
ZM Stock Market Analysis: We are looking at a potential major bottom. If we go on the weekly timeframe we can see we have a strong RSI bullish divergence, which could indicate an up move is imminent.
ZM Elliott Wave Count:  Wave {iii} of 1.  
ZM Technical Indicators: Broke through the 20EMA.
ZM Trading Strategy: Looking for a clear five wave move to then look for upside.  
TradingLounge Analyst: Alessio Barretta

Zoom Video Communications Inc., ZM: 4-hour Chart, 4 April 23,
Zoom Video Communications Inc., Elliott Wave Technical Analysis
ZM Stock Market Analysis: We can see five waves within wave i and then a clear three wave move into ii. Looking for longs off of the end of wave iv.  
ZM Elliott Wave count:  Wave  iii of (i).
ZM Technical Indicators: Below 200EMA.
ZM Trading Strategy: Looking for a pullback in wave ssiv.
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • I trade leveraged futures on Binance so I'm going to miss them, not that much though cos I also use Bitget exchange, and they have high liquidity and low fees, So I will just move my funds there and continue leveraged trading.
    • If you've tried using Ethereum, you know it can get slow and expensive. Think of Starknet as a helper that makes everything faster and cheaper. It does this by taking a bunch of transactions, squishing them into one, and then processing that one. This means more transactions can happen at once without clogging up the system. For people making apps on the blockchain (they call these dApps), Starknet is like a dream come true because it lets their apps handle a lot more users without slowing down. It also gives them the freedom to make their apps work just how they want, making things better for users. When it comes to making money, Starknet charges fees to use its network and lets people 'stake' their coins – that's like putting your money in a savings account that helps the network run, and you get a little reward for that. So, what do you think about Starknet? It's all about helping Ethereum handle more action without any hassle. Could be a big deal for how we use digital money, right?
    • Why is this?    what’s the reason? I’ve had open positions on this stock for over 3 years 
  • Create New...