How To Trade Zoom Video Communications ZM

Source: Stock Traders Daily

Longer Term Trading Plans for ZM
  • Buy ZM over 268.05 target 316.62 stop loss @ 267.28 Details
  • The technical summary data tells us to buy ZM near 268.05 with an upside target of 316.62. This data also tells us to set a stop loss @ 267.28 to protect against excessive loss in case the stock begins to move against the trade. 268.05 is the first level of support below 278.825 , and by rule, any test of support is a buy signal. In this case, support 268.05 would be being tested, so a buy signal would exist.

  • Short ZM under 316.62, target 268.05, stop loss @ 317.53 Details
  • The technical summary data is suggesting a short of ZM as it gets near 316.62 with a downside target of 268.05. We should have a stop loss in place at 317.53though. 316.62 is the first level of resistance above 278.825, and by rule, any test of resistance is a short signal. In this case, if resistance 316.62 is being tested, so a short signal would exist.

Swing Trading Plans for ZM
  • Buy ZM over 294.99, target 316.62, Stop Loss @ 294.14 Details
  • If 294.99 begins to break higher, the technical summary data tells us to buy ZM just over 294.99, with an upside target of 316.62. The data also tells us to set a stop loss @ 294.14 in case the stock turns against the trade. 294.99 is the first level of resistance above 278.825, and by rule, any break above resistance is a buy signal. In this case, 294.99, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ZM near 294.99, target 268.05, Stop Loss @ 295.84. Details
  • The technical summary data is suggesting a short of ZM if it tests 294.99 with a downside target of 268.05. We should have a stop loss in place at 295.84 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 294.99, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ZM
  • Buy ZM over 286.62, target 294.99, Stop Loss @ 285.95 Details
  • If 286.62 begins to break higher, the technical summary data tells us to buy ZM just over 286.62, with an upside target of 294.99. The data also tells us to set a stop loss @ 285.95 in case the stock turns against the trade. 286.62 is the first level of resistance above 278.825, and by rule, any break above resistance is a buy signal. In this case, 286.62, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ZM near 286.62, target 268.05, Stop Loss @ 287.29. Details
  • The technical summary data is suggesting a short of ZM if it tests 286.62 with a downside target of 268.05. We should have a stop loss in place at 287.29 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 286.62, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

ZM Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Weak Weak Weak
P1 0 0 268.05
P2 286.62 265.76 316.62
P3 298.07 294.99 368.89

ZM Long Term Analysis for September 15 2021


ZM Swing Trading Analysis for September 15 2021


ZM Day Trading Analysis for September 15 2021

This report provides trading strategies for Zoom Video Communications (NYSE: ZM) while incorporating risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ZM change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ZM is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ZM too.  All of these are offered below the Summary Table.

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