Zoom Communications, Inc.
Long
Updated

$ZM Swing Setup – Fib Expansion + Recovery Arc

74
🔍 ZM Swing Setup – Fib Expansion + Recovery Arc

Zoom is entering a Fibonacci golden arc setup, bouncing off key support ($75.60) and aiming for a multi-leg move back toward structural targets.

Trade Thesis: A successful reclaim of $85–88 range can propel ZM to $105–109 with a final fib target of $122 if volume confirms.

Risk: Break below $72 invalidates the recovery arc.

🧠 WaverVanir DSS Score: 7.4/10

📌 Targets:

TP1: $85.00 (safe swing exit)

TP2: $96.24 (measured move)

TP3: $108.99–$122.53 (macro extension targets)

⚠️ SL: $72.30 | RR: 3.5:1 | Timeline: 30–60 days

#Zoom #ZM #Fibonacci #WaverVanir #Options #SwingTrade #AIQuant #TradingView


🔍 Chart Overview
Ticker: ZM (Zoom Video Communications, Inc.)

Timeframe: Daily

Chart Tools: Fibonacci retracement & extension levels, projected Elliott-style wave structure

📊 Current Price
Current Price: $77.57

Key Support:

$75.60 → Previous pivot low (likely acting as short-term support)

$72.30 → Golden Pocket zone (high probability bounce area)

Key Resistance Zones:

$85.00 → 1.0 Fib retracement (former high)

$88.35 → 61.8% retracement of previous drop

$96.24 → Full 100% retracement

$105.78 → 1.272 extension (strong resistance)

$109.01 → 1.618 Fib extension

🧠 Technical Structure & Path Forecast
A potential ABC impulse wave is drawn in red:

Leg A → Target ~$92–96 range (50–100% retracement zone)

Pullback (leg B) → ~$88–90 support retest

Leg C rally → Major resistance at $108.99, possibly extending to $116.91 or $122.53 in a blow-off top

Confluence Targets:

$105.78 (1.272 extension) aligns with a major Fib cluster and resistance zone

$109.01 (1.618 extension) also aligns with previous structural highs

Final target ~$122.53 (2.272 extension) is ambitious but possible under bullish macro conditions

⚠️ Risk Management
Stop-Loss (short-term): $72.30 (loss of this level invalidates the bullish thesis short-term)

Entry Zones:

Swing long: $75.60–$77.50 (ideal accumulation range)

Momentum entry: above $85.00 (break of structure)

Downside Risks:

Break below $72.30 opens the path to $67.00 and possibly lower

📈 Probabilities (Based on WaverVanir DSS)
Target Level Type Probability
$85.00 Local resistance 80%
$96.24 Measured move 100% 68%
$105.78 1.272 Fib extension 55%
$109.01 1.618 Fib extension 45%
$122.53 2.272 Fib extension 25%



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