ZOM Stock Analysis Today: ZOM Stock (Zomedica Corp.) operates as a development stage company. It created products for companion animals by focusing on the unmet needs of clinical veterinarians. it plans to offer novel diagnostics and therapeutics that focuses on patient health and practice health. In this ZOM Stock Analysis Today video, we discuss a macroscopic and microscopic overview of the company. We also establish levels of support and resistance for both investors and traders, analyze the 200 EMA (Exponential Moving average), 20 VAMA (Volume-Adjusted Moving Average), RSI (Relative Strength Index), bullish and bearish trends, technical analysis chart patterns, and potential entry and exit points for traders and investors.
Zom Stock Fundamentals: https://www.marketwatch.com/investing/stock/zom
ZOM Stock StockTwits: https://stocktwits.com/symbol/ZOM
ZOM Stock News: https://www.nasdaq.com/articles/why-zomedica-stock-plunged-today-2021-01-13
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Zom Stock Fundamentals: https://www.marketwatch.com/investing/stock/zom
ZOM Stock StockTwits: https://stocktwits.com/symbol/ZOM
ZOM Stock News: https://www.nasdaq.com/articles/why-zomedica-stock-plunged-today-2021-01-13
2 Free Stocks With $100 Deposit on Webull: https://act.webull.com/ve/L4WlkRlNSpq9/vvk/inviteUs/
TubeBuddy Link - A YouTube Analytics site that I personally pay a monthly subscription for, and recommend to anybody looking to maximize their YouTube reach and SEO optimization. TubeBuddy offers a free program, as well as 3 monthly subscription options: Pro, Star, and Legend, all of which offer additional benefits. This link will direct you to TubeBuddy's options, and all monthly subscriptions through this link will directly support the channel through a commission: https://www.tubebuddy.com/TreysTrades
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Twitter: https://twitter.com/TradesTrey
My StockTwits Page: https://stocktwits.com/TreysTrades
IG: https://www.instagram.com/trey_collins_001/
My friends, please don't get mad at me. I'm not drinking whiskey today, cracking rum. I know i know i know what am i doing. You guys are all subscribed to me because uh you have to hear about me.
Talk about drink whiskey after these grand slams. Please forgive me what is up everybody welcome to trade trades. We have technical analysis and different stocks in the stock market, as well as potential buy, hold or sell opinions on these given stocks, i like the premise by saying that i'm not a financial advisor nor expert so take what i say with a grain of salt. The reason i started this channel because a couple years back, i was about 30 000 deep in some medical debt, and i was very fortunate to have some close family friends and mentors that pushed me to work hard and invest my money and i'm happy to say That not only am i now financially free, but i'm doing pretty well for myself at the age of 23, and i had that last piece in because uh i had a guy say: financially free, you must be broke.
I just made me laugh. I think you guys get a kick out of that, so, if i can pass along the information resources are tools to you guys here in the community, make a couple people better off than they were before. That's all that i can ask for last. If you would not mind drop a like on the video, it really does help support the channel and consider subscribing if you'd like to see more content like this today, we're going to give you an update on ticker symbols, eom zometica corporation, i do have a position In the stock just to be completely transparent with you, i am in the stock at a dollar cost average of 78.2 cents uh with 4 450 shares currently up 856 bucks.
At one point i was up 2 000 and i'm not selling i'm holding this until march. We'll walk through everything about the stock, but we're gon na look at this from a macroscopic a microscopic perspective. Look at the rsi indicator. The relative strength index anything over 70 over bot, anything under 30 oversold, the 200 ema, the exponential moving average, which is a 200 day moving average trend line based on price action over a 200-day period, the 15-day vomit, the volume adjusted moving average, and i get asked This all the time, what's a good replacement, the v-wap for some brokerage accounts or the m-a for some brokerage accounts just make sure you have it adjusted to a 15-day period, and this is just a overall trend line that uh gives you price action uh, based on A 15 day period and adjusted accordingly to the volume that goes into a stock uh, we'll talk about some different bullish and bearish patterns that we're seeing on zone right now and then we'll look at this on a one day.
One minute chart as well observe the volume see where the stock is going and give us some uh some predictions here, but quick shout out to the guys over at the patreon we've had some new people join us. We're 284 members, strong ryan, andrew ollie, sam x house, jenna, michelle ollie, frank evan. Thank you guys so much for the support. It really does mean a lot to me. They will have access to the private discord as well as real-time insight to my personal trading. So if you are interested in joining the patreon there's a link in the description box down below uh, we do have a zone specific channel where we talk about what's happening with price action. It's a great community to get different ideas. Uh some reassurance: if you're hurting a little bit, we have a whole bunch of different stock channels.
Uh we've got a general. This is a chat, bar, buy or sell ideas, research patterns and indicators watch list, stocks, the whole nine yards so uh and then watch out for this scam account. This is not me, uh you'll know it's me, because i have that great boxer on his name. My name and uh just don't call that number don't buy, scrap report them if you can so, if you're not familiar with what zometica is we'll just give you a brief rundown, so medica operates as a development stage company.
It creates products for companion animals by focusing on the unmet needs of clinical veterinarians. It plans to offer novel diagnostics and therapeutics that focuses on patient health and practice health. They have a 569 million dollar market cap, they're uh. Oh, what happened.
Their short interest is 56 million dollars. As of the 31st of december um about 10 of uh float shorted we're looking at uh them on stocks with 70 000 members. The message volume's still up sentiment is down. Price is down just a hair uh.
You know in the after hours we are bleeding a little bit, but you know i think, we're still sitting okay and i'll get into that more in a little bit but uh. The reason that i'm staying in zometica is because they are expected to commercialize their true forma uh on that date. So if we just click on this article, really quick, just read the beginning of this zometica or the company, a veterinary health company, creating point of care diagnostics, products for dogs and cats. Today announcement expects to begin commercialization of its true forma point of care diagnostic platform.
On march 30th, 2021 - and i think, as we get closer to this date, you're going to see a pretty harsh run up on the stock, and i want to disclose something real, quick. I've had a couple of uh zone videos now, where one or two people have said. Why would you tell people to buy this uh this this company's crap et cetera, et cetera, and i know i'm being a dead horse here guys. You know i'm sorry, my friend, that you feel that way, but um i'm here to present the information to you that, as i see it, um make your own financial decisions right um and do your own due diligence.
But i can't be there to hold you guys, hands and say hey. This is a good buy. This is not a good buy, i'm just simply presenting the information. The way i see it, i'm being completely uh transparent and i'm showing you that i do have a position in the stock so just be careful and and manage your own risk right, do some risk assessment, because it's possible that i could lose everything i have in The stock right any penny stock at any time can go to zero. You know if something bad happens like the ceo gets in a car crash or or uh, you know their management team, uh, laundered, the money or something right. You know there's always risk potential in a stock. That's pretty underdeveloped, like this you're investing in the potential for the company and not necessarily the current uh. You know financial situation or the current situation of the company right.
This isn't an apple and there's a reason that apple doesn't grow at an exponential rate from a day-to-day basis. It's because people know what apple are right. They know apple's the king of of the phone industry and zome people are interested in the potential here and that's why it's volatile? That's why we see some really violent movements on the charts, and i just want you guys to know if there's any take away from this uh right. There's risk involved with everything, and i'm not gon na sit here and pretend that if you get into zome you're gon na guaranteed make money right.
Um, there's always a chance that you don't there's always a chance that you lose right. I have i've presented, plays to you guys before and i've always been transparent. I said: hey guys. I took a loss on this.
I took a loss on this. You know so there's always a chance that you're not going to make out. So i just want to be completely transparent and say: hey make sure that you manage your own risk, make sure you decide whether this is a worthwhile investment for you and just come to the grip and the terms with uh that you may not make money on You might lose money right, but looking at the charts, looking at the catalyst looking at the volume looking at the indicators, we do have a lot of confirmations right and this is a sign that there is possibility of upward movement. Um there's a lot of confirmations that are saying to me: zome could be a four or five dollar play and something that i found interesting about zone.
I know that was long-winded. I just wanted to get that out there, so i can be completely honest with everybody. Zome is a 560 9 million dollar market cap company now look at jagex, 430 million dollar market cap company, so either these guys are extremely undervalued or extremely overvalued or zone. Who has a larger market cap is extremely overvalued.
That's interesting to me. You know, of course, they're different companies they're doing different things, but they're almost there they're halfway to a billion dollar company guys - and that's that's pretty huge. So that's something interesting! I wanted to point out to you guys. That's you know, take it for what it is, but we are still in bullish territory on zone, i'm not worried in the slightest bit and honestly, even if we do see a dip, all i'm gon na do is load the freaking boat. I'm gon na go to pound town with zone. I'm loving what's happening here, so it's getting dry. You have to excuse me, but uh. It's still looking pretty bullish.
Macroscopically speaking, this is something i always look for on a stock to indicate if it's about to pop off. This is how i found jag x. We saw the same thing with jag x happened that crossover on the 15 day bomb over the 200 ema saw. The same thing happened with bng0 back before this popped off crossover back here, always right around there at 56 cents, and we got in a little bit later.
I think we got in just under a buck or something uh. Maybe a hair higher i'll i'll just be transparent and show you my closed position, because i don't know off the top of my head, my close position in bngo uh. I s i bought it at uh 322 sold for 539, but this was on my radar right and i got us in some people got in earlier. I bought it a little bit late, which is always the case.
I don't know why it happens, but um i got in about 322 and when i presented this to people some guys got in for about two bucks. So um, that's how i found bngo and i'm telling you zome, is doing the same exact thing right now right. They have this huge run up: they're, not even bearish, yet they're, still in bullish territory, macroscopically speaking they've just been consolidating. For two days i mean we've been floating between a very tight price zone.
We've been looking at. You know touching a dollar eight and touching just under 90, 94 cents. That's pretty tight price action, i mean, even though we were down red on the day, three point: four: six percent that is load in the spring. If i've ever seen it that's some really tight price action.
I really like how that looks so um zones looking really solid on the charts right now we're still bullish. Our syndicator is about neutral uh today, so nothing crazy, just a hair under neutral. So a little bit you know approaching oversold it was highly sold, i'm not gon na, say oversold, but nothing crazy. Today, volume was down, but we've had some huge spikes in volume.
So i think there are people out there that are saying to themselves. Hey. You know. I think this has some potential to do something good in march, and for me guys this is going to be a set it and forget it play this is going to be a midterm for me, i can see this hitting four or five dollars and based off Of what i showed you with the market cap, if jag x, a a 400 and some million dollar market cap company could touch five dollars at one point right.
Zome could definitely do that and based on some of the price action we've seen, they were at 24 cents, like one two, three, four, five, six, seven, eight nine ten eleven days ago, eleven days ago, they were twenty four cents, they're up four hundred percent who's to Say that we can't get that kind of traction again now, that's not me guaranteeing that right, but i think it is possible. I said: jag x could touch five dollars and i still think it could touch higher than that six seven dollars. If we touch five dollars. Uh, i i feel pretty good about zone. It looks really nice on the charts, we're gon na be looking for a pickup in volume. I think that is gon na be an indicator of uh a more green day. Of course, if we open, you see some really harsh red bars like this, i think right off the bat you're gon na know that's gon na be a red day, but um you know i it wouldn't surprise me if we continue to see a date or two More of consolidation, just based on what we're looking at the charts right now, um, we did have an inverse cup and handle right here, which is a bearish sign, and this is typically an indicator of uh. You know a bleed to come and we did see that happen right, but i do also see a small and this isn't a very strong one, but this is a bullish flag formation.
So we've got the pole here, some pretty nice green candles and then, following up with this tightening of price action, the consolidation period, it's not the most clean bullish flag. We do have a wick, that's poking above that, so take it for what it is. But it is, it is a pattern that is on the chart currently and then we draw from here you can see it compressing a price action starting to load up the spring. Now it's not super tight, yet we are still trading about a 20 cent margin.
Um. You know up or down five percent per se, and once you really start to see it tighten up like 98 cents to a buck two. I think at that point. You're gon na see some pretty violent movement, either an upward direction or a downward direction, and i think it's still gon na be in the upward direction, guys with everything on the horizon that we're expecting the charts are still bullish.
We do have catalyst coming up in march. This is going to be a longer term. You know swing or mid trade for you guys if you want to play it off that way, but that is my game plan with zome. I am completely comfortable holding this for two months.
If it gives me a four or five six hundred percent margin of return, the jag exit that we got guys swinging that in a week that does not happen very often, this is rare. This is rare, rare. That is uh, that's a that's a grand slam as it gets, and i am completely content. Let my money sit here for two months for the potential of growth and if i lose out you know i can.
I can walk away with uh with a fifty percent. Sixty percent gain and i'm gon na be completely satisfied with that. You know you win some. You lose some, but i do feel pretty confident about this.
It does have a very similar setup to jagex similar setup to bng0 and the potential is there. I've we've got all confirmations that i'm looking for with the stock, so take a look at this on a two day. One minute chart really quick. Just look at today's price action just to get some extra confirmations on where this is heading and right off the bat. I do see a a wedge formation. Um we'll have to see if this is moving up or down i'll know more. When i draw this trend line, it does look like it's moving up. It does look like it's an ascending wedge formation, which is typically a bullish indicator.
You know it is playing out. It looks like in the after hours it's bouncing back a little bit. We didn't have the 15 day vomit across the 200 ema on the one day. One minute chart here i'd be willing to bet if we change this to a five minute chart, that's going to change things a little bit it's about neutral here, but regardless on the one day one minute chart, we are just crossing over the 200 ema with the 15 day vomit, which is typically a bullish indicator, so very microscopically speaking, we have re-entered bears territory.
Of course you have to kind of put an asterisk by the after hours in pre-market trading. They are quite a bit different than the regular market hours but um. You know the last two days just been consolidation. It's been nothing crazy.
I really hope that you guys held your shares with that gnarly dip that we saw you know three days ago or whatever ended up being i'll. Take a look here. You should be able to see it. Oh it was yesterday.
I hope you guys held on your shares. I hope you were away from your computers, your charts, that we held on your position because you know either either you walked away with really good profits. You know, that's awesome, i'm very happy for you. You can never be mad, taking profits from a stock i'll, never bash anybody for doing that.
There's a million players out there that can make you money right, i'm just presenting you one out of! I don't know how many thousands are on the market, but um there's a million ways to make money, and this is a different one right. This is my perspective on zone. This is my perspective on how i'm gon na turn this into some gnarly cash. So you know if you walk away with profits here, that's totally cool right, but if you're playing it like - i am, i do think, there's a lot of upside here.
I think you're, looking at 500 percent potential, if we do touch that four or five dollar range. I got it at 78 cents. I don't know what the math comes out to, but it looks pretty decent. I'm not i'm not sweating whatsoever.
So that's what we're looking at on the price action for the day and the macroscopic view of zom. So if you guys enjoyed the video, please drop a like if it does help support the channel and consider subscribing if you like, to see more content like this and lastly, i do have an affiliate link in the description box down below for tubebuddy. Now tubebuddy has an seo optimization website that i personally pay a nine dollar per month, membership for and is highly what i attribute growing from zero to eight thousand subscribers in a little less than a month, it'll be a month tomorrow, guys happy anniversary. So if you're a content creator or looking to become one, i could not recommend this highly enough. But it's a great tool to help get your videos into the eyes of your intended audience. And if you do use my link, i will receive a commission off your purchase at no extra cost to you, so it's a great way to support the channel and, if you're, not interested, that is totally fine. I just appreciate your support by taking the time to watch my videos, so that is what i have for you guys today. Thank you for watching my friends and i will see you all next time.
Peace.
I don’t have a lot of money to invest now AMC has killed my portfolio but I was able to grab a couple shares of ZOM
You said Fargo ND you got that rum?! I live in Fargo Nd! Does your friend do stocks too?
Ha accidentally found you on YouTube . Asked you about ZOM a few days ago on Twitter 😆
Made 20k on zom on monday and another 20k on tilray 🤑🤑
Isaac kappy didn't kill himself.
I bought at 1.25 and the next day the price plummeted. Not gonna sell, I can see it popping in March too.
Thanks mate. Love your vids. I always feel confident I’ve made the right choice after I’ve watched your vids.
Holding 7.6k shares wonder if I pull the trigger at the right peak when it comes haha…
WHATTSSUPPP EVERYYYBOODDYYYYYYYY. HAHA!!!!!
My advice to everyone buying zom is to hold ive made the mistake to take profits way too early so just get in and hold youll be happy
What do you think of this for a long hold?
How do you join the discord?
Zomedica is a MILLIONAIRE MAKER stock no doubt
We are waiting for a couple key PR's from management-completion of final assays and possible pre-order sales. That will increase the volume.
Hi bud what do think is a reasonable percentage to be up at the end of this year? I know it’s a wide question🤣 I saw a Chris sain video and realised in his 0-100k challenge he actually only made 13% after a year- so in reality he deposited his way to 100k not traded it! Help me out bro I’m starting to doubt trading🤷🏼♂️🤣 appreciate the vids man.
I bought it from 0.07 and sold it at 1.31 at 50,000 shares. I was up over 1057 percent.
Bought 1041 shares at .18💪🏽 only mad I didn’t buy more lol
Very nice 😍💋 💝💖♥️❤️
I concur this is going to $4-$5 in March
Yes stock market is the only way. I just paid off 40000 dollars worth of debt today. I am freeeee!
Holding 1.5k shares til then! 🍼 thanks Trey!
Trey Thanks for you service I just retired from the Guard, your doing us all well SIR! Please run a video on NMTR and Potential ACST
Thank you thank you for the great news 🙏🏻🙏🏻
My avg is $1.14 😂
Plus during the Pandemic, people are turning to pets good video
In Holding 2+ Years No Competition For This Company
Look at ATOS. Thank me later
Isnt it so that the marketcap and price are linked to the ammount of outstanding shares a company has. In this example jagx has 100mil and zom 500 mil
They have a good product and are going to change the pet product industry I will hold until March just like you honestly I am telling you I think you could make ten or twenty grand off this stock