Dave BarnhartFounder, Moby Tick Trading · Founder at Moby Tick Trading

Zoom $ZM down on earnings. Smart Money was in days before #shorts

26 Aug 2026 · 2 min

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1:31

In this short market commentary, Dave Barnhart reviews Zoom’s (ZM) price action following its earnings release. He examines the recent order‑flow “prints” over the past 30 days, noting a consolidation phase, an upthrust, and a sideways‑to‑downward move beginning on August 13. Barnhart ties these prints to key technical levels: the 250‑day simple moving average, the 8‑period exponential moving average (EMA), and the 4‑period EMA. He outlines an intraday pivot and CAM (Cumulative Advantage Momentum) framework, setting bullish support at 96.50 with targets up to the high‑90s (97.00, 97.38, 98.36, 99.15) and bearish resistance below 95.00 with descending targets into the low‑90s. He notes the average true range (ATR) of $3.72 and emphasizes that if the 4‑EMA and 8‑EMA stay aligned, there’s no immediate reason to exit the trade. The commentary blends order‑flow insights with classic technical analysis to guide short‑term trading decisions on Zoom.

Chapters

Zoom had earnings and we're down a little bit. We can see here largest prints in the last 30 days. We had this consolidation here of prints. They're smaller sizes here at the bottom, so 160K, 97K, 75K. We did a nice upthrust and then starting on August 13th we had a print here went sideways and then it looks like they were selling, breaking below, selling. So they know what's happening with the, uh, with the pre-news, I guess. And so We can move down, potentially test this 250 simple moving average of 100, something like that on the longer term. Otherwise, we'd have to get above this 8 exponential moving average, break through some prints, and if we can get above there, then you're above smart money and then moving on to the upside. Okay, let's map this out on the intraday with my pivots and cams. We're going to be bullish above 9650. Let's have this here as support, so 9650 target 97, 97.38. Then 98, 36, 99, 15 is S1. I stopped there. The ATR in this one's $3.72. We're down $5.50 almost at the moment. But anyway, on the downside, we're going to be bearish below 95. Let's get below this low target. 94, 93, 92, 73 is S3. Then we've got 91, 68, and 91. So there's this $100K print pretty much here, and then the dollar levels. So we'll see if this actually holds. If you have the 4 and the 8 exponential moving average running together, there's no reason to get out.