ZM Zoom Video reached our Buy Area: As you can see in the chart, Zoom Video Communications, Inc. (ZM) reached our price target!
Friday, before the close, at 16:29:37 someone bought 20300 ZM shares at $72.29 for about 1.5Mil. But that`s not all! Also before the bell i saw 9K calls worth 1.4Mil, with the following characteristics: 2022-10-21 expiration date (this Friday!) $73.10 entry price $75 strike price $1.55 premium paid. In order not to expire worthless, the shock should reach $76.55!
The stock was $72.29 at the close and i think it is primed for a comeback! ZM Zoom Video is the 2nd biggest holding of Ark Invest with 1.03Bil invested their average entry price being $274.87! the stock is now only $72.29. ZM stock lost 87.85% from its all time high. I think this could be The bottom.
On 8/23/2022 The Goldman Sachs Group set a Price Target of $122.00 for ZM Zoom Video.
My short term Price Target is the $106 resistance.
Looking forward to read your opinion about it.
Ghi chú
ZM calls are $5.40 now from $1.55 when i wrote the article.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.