$ZM (Zoom Video Communications) - Long Setup

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Trading Idea: ZM (Zoom Video Communications) - Long Setup
🎯 Idea: LONG
⏰ Timeframe: Daily
📊 Pattern: Bullish Breakout + Momentum Continuation

Fundamental Context:

Fundamental Score: 5/9 (Neutral).

Growth: Strong Net Income Growth YoY.

Balance Sheet: Excellent (Debt Score: 10/10). Zero debt.

Valuation: Fairly Valued on P/E and P/B; Overvalued on P/S.

Technical Setup:

Trend (D1): Bullish ✅

Entry: $85.90 (Break above consolidation & Bollinger Band squeeze).

Stop Loss (SL): $77.50 (Below key support and the 20-period SMA).

Take Profit (TP): $102.65 (Previous high target + Measured Move).

Momentum: Strong RSI (67) and positive MACD support the move.

Risk Management:

Risk/Reward (R:R): 1:2.0

Position size based on the risk between entry and stop.

Summary: A technical breakout play on a company with a clean balance sheet (no debt) and strong earnings growth, targeting a move to new highs.

⚠️ Disclaimer: Not Financial Advice
This analysis is for educational and informational purposes only. It is NOT a recommendation to buy or sell any security.

Conduct your own research (DYOR) before making any investment decisions.

You are solely responsible for your own trades and investments.

Past performance is never indicative of future results.

Trading involves significant risk of loss and is not suitable for all investors.

#TradingView #ZM #Long #Breakout #TechnicalAnalysis #GrowthStocks #VideoCommunication #TradingSetup

Penafian

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