Zoom Video Communications stock analysis. The company engages in the provision of a video-first communications platform. It connects people through frictionless video, voice, chat and content sharing and enables face-to-face video experiences for thousands of people in a single meeting across disparate devices and locations.
There is a clear long bias on Zoom Video Communications (ZM) with a very strong monthly imbalance created at around $76 per share. It’s a very strong impulse where we are interested in purchasing shares of Zoom Video (ZM) stock. The directional bias of this stock is bullish. You can use smaller timeframes and other strategies to buy stocks short term, do swing trading or even scalping.
Price is reacting to valid lower timeframe imbalances around $108, it may take some time until the price reaches that monthly imbalance of around $76, but it looks great. Look at Zoom Video Communications (ZM) monthly timeframe stock analysis and forecast below.
Although Zoom (ZM) is under investigation for its allegedly illegal practices concerning encryption, user data, and video recordings, the stock is rallying strongly in reaction to smaller timeframe imbalances. Nobody knows what will happen with these investigations, but we know for sure that Zoom Video Communications (ZM) is respecting demand levels, so buying shares of this stock of CFDs is the way to go.
Watch Zoom Video Communications (ZM) supply and demand video analysis
This is the kind of price action technical analysis you will learn in our trading community. You will learn how to locate new supply and demand imbalances on Zoom (ZM) and trade without using any indicators, no news, no fundamental analysis, no earnings announcements, no volume or VSA analysis. Just supply and demand imbalances.
Trading supply and demand imbalances is ideal for beginners and those with a full or half time job, you won’t need to stay in front of the computer all day long trying to move price action with your mind.
As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and react strongly to those imbalances. Why do you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances in gaining control.
Unless you are doing very short-term trading and scalping, you should not worry about fundamentals or earnings announcements on Zoom Video Communications (ZM).
You can use these imbalances to plan your trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for price to pullback or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.
Join our supply and demand stock trading course if you want to learn how to trade using our supply and demand trading strategy.
There are several ways of buying stocks and futures. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads. You can even buy