Zoom Stock Analysis 2020 – Is it Too Late to Buy?

by birtanpublished on August 17, 2020

I told our invested in bassin group or pig members to consider buying the Xoom stock ZM at the beginning of March a price as 112 107 respectively and to take profit at 162 those who had medium risk tolerance and considered this strategy make money within 20 days while

The rest of the market was panic selling but now the Xoom stock price is taking a hit so why is that and what should you do next I shared my strategy actually with our premium Western group or pig members on

Tuesday but I thought I'd share my outlook with you guys here as well before we get started I'd love to hear from you do you know your unique risk tolerance because that's the only way they can determine if an investment

Strategy is right for you so head over to the comments section and let me know if you're new here welcome my name is canavan yellow I'm the founder of the investment movement a tribe of proactive moms who want to

Create a better life for themselves and their kids too and they want to become financially independent you've probably heard of me or see me on media like Fox Business CNN Time Forbes Yahoo Finance or you've maybe even read one of my

Books in the fields of investing and trading if you're new to all this and want to join the investment check out the link in the description area of this video or go to learn dot investi become for /yes y es to get started I also

Publish new videos every single day and interviews with awesome people so make sure that you click on that subscribe button and turn on the notification button so that you do not miss out on my next episode now let's go take a look at

The zoom stock and conduct a traditional invest IVA diamond analysis all right the investable diamond analysis looks at the market from five

Different points the fundamentals market sentiment technical analysis capital usurers tolerance and overall how it's this within your portfolio so fundamentals first for zoom to zoom the company added more users in the first

Two months of this year than all of 2019 racking up 2.2 million new monthly users by the end of February and now it's the world's most popular iPhone and Android app the zoom is a bunch of not very hidden vulnerabilities that is really

Getting investors nervous and majority of it has to do with privacy for example last year zoom had a security flaw that led hackers hijack your web cam last week vice reported that zoom was sending users data to Facebook without really

Telling them about it even if they didn't have account and Facebook account which is weird and now there are some really weird incidents were professional zoom meetings get crashed by like naked person shouting profanities so there are

So many different things that are happening so New York's Attorney General just send zoom a letter say that her office was concerned about this seemingly relaxed security so that is the reason why one of the reasons why

Fundamentally speaking that the investors have been selling the zoom stock but it also as I talked about it last month literally 162 was a resistance level even though it was old-time high level it was a resistance

Level that was bound to create some sort of a pullback in its stock price now keep in mind that zoom does not pay for it yet dividend yield so if you're somebody who's relying on investing for income this may not be the right choice

For you also right now zoom is increasing because the current of Irish law and the fact that people cannot go to meetings in person and zoom does have some competition such as Skype a webinar jam and goto meeting

And all that Skype is um owned by Microsoft another stock that we have we actually have shared with my premium group members along with ten other must-haves in their portfolio now zoom is not a must-have as somebody

With a medium-term outlook who wants to buy now and sell with profit which is exactly what happened to our medium-term investors in the premium vesting group last month now taking a look at some market sentiment over here Morningstar

Doesn't really like zoom it looks like well their analysis was from back in March fifth and they saw the fair value is 62 that is literally two days after I said it's gonna go to 162 and it did so I would take my analysis of a zoom over

This but it also shows that a lot of people a lot of investors actually look at Morningstar for investments that shows that some at least some part of investors some investors are looking at this and saying okay I'm not gonna buy

It I'm gonna sell it right but then if you look at Ben Zynga you can you'll see that actually the majority of the market is bullish so there is a bit of a bear boo bear say bull say going on right now we have exactly today

Davidson saying neutral on between 25th more in a San lien maintained equal weight so they are like whatever they're not really taking action meanwhile on the 17th Needham actually a switch to buy which was probably a little bit late

But now what is happening on the stock so one thing that you want to keep in mind by the way this is the strategy that we share another third of March we said al ideas 112 and took profile one or 62 exactly as planned happen we

Bought at 112 and 107 it went down even its hutch 100 we had another vial Medora 98 which didn't go through 100 was a little bit and then it reached 162 exactly on March 23rd and now is taking a hit so

And now I if you take a look at the zoom stock price from a macro view well if we don't have much to play around with because they literally just went public last year so we don't have that much historical data and that also kind of

Adds on to the risk of the stock and only people who have you know medium to high risk tolerance who are trying to take advantage of the current market prices instead of just buying and holding they can look into this so I'm

Gonna keep this short I actually just conducting a very fast technical analysis here you'll see that this is their resistance level as we found out last week and these are the cocoanut retracement levels I 138 126

138 we talked about it yesterday we added it as well in the order and the remaining of night retracement levels actually go back down to 50% now I do believe that this privacy issue could actually be an opportunity for zoom

Because there to prove their ambassadors I hope that they're gonna take action actually on this they're in Nubians San Francisco they're new in big tech so they're probably just feeling the markets feeling how things are worked

Out they probably need to speak with Mark Zuckerberg on Facebook a little bit about privacy issues but as we even saw with Facebook old hit that they took over the years from the investors because the privacy they were able to

Overcome that and they're now better than before so um I do think that eventually this is going to be actually pretty good for zoom but I wouldn't still hold this one long term because once the corona virus pandemic and the

Lockdown is over I'm not saying that zoom is gonna lose the subscriptions they I mean they got a lot of data now in their hands they probably can bank on and create some other things I don't know what exactly they're doing but in

The meantime I believe even if they're gonna continue to do amazing once Panama gives over a majority of investors maybe dump zoom in order to buy other things that are recovering so that's the reason why

I have this medium a short I mean not short term because it's not they during my medium-term outlook so I hope this helped let me know what you think about the zoom stock and down in the comments and also let me know what other sucks

You want me to cover in my next episodes if you want to become a premium investing group member and access all of my strategies and my must-haves and medium to long term and short term even strategies across the board from satsu

Cryptocurrencies Forex head over to learn to investable commerce lashes to see how you can get involved with our community and make sure to subscribe share this video with all of your investing friends and I'll see in the

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