SamSuka
The Long Investor
The Long Investor

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$ZM

Double beat on from their report yesterday and earnings beat by 26%.

Price jumped up by 7 % at one stage last night, however analysts have came out today with refreshed price targets, although nothing worrying some have lower targets, the mean price target looks to be around $82.

We have Wave 3 set to $83, so this is in line with our target, which should bring us to the next earnings report.

I like the double bottom on the chart and I will be looking to see how the price handles the 50 and 200 Day MA's above at $69 and $70.50, a hold above these levels would mean the price is moving along our projection.


$ZM

Comments

Ok thank you.

Haris

The difference is that my buy alerts are for long term, as my name suggests. All buy alerts mean I am happy to buy at this price to hold long term and considering my own average. You are 3 weeks in this group and you are talking about being down after possibly 2 weeks of holding, this is not long term investing, this is approach is not what we do here. Please refer to the rules pinned on my main page.

Gareth Neary

bought it around your BUY ALERT so you bought it at the top of wave 3 too then. And someone said there's absolutely no way Apple doesn't get bought up around 185! Didn't understand how could the biggest company be going up while you were also charting nasdaq to go down! Anyway, we're all in the same boat so let's just hope things get better.

Haris

So you joined my group 3 weeks ago.....missing all of Wave 3, you then buy at the top of Wave 3.....but this is down to my group that you are down 35%? In addition, you have no plans to buy lower. Ok, just so I am clear.

Gareth Neary

Gar I'm just saying getting 35% down in 2 weeks after buying is not a great feeling. Hasn't the price action confirmed the entry was a bit too early!?

Haris

So you are holding for days to 3 weeks then so far?

Gareth Neary

no, but the ones mentioned above have only been falling ever since buying, and falling big! Perhaps entered a bit too early

Haris

You think it has only been your stocks that have declined?

Gareth Neary

Been a horror run ever since joining the group tbh! Zoom Paypal Nio Baba everything has been absolutely crushed! Really hoping for a massive turnaround soon

Haris


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