News Summary: Zoom ($ZM) is the most active stock option this morning, according to Barchart. The company's income statement is strong, leading to predictions of a potential double in stock value. Cathie Wood, founder of ARK Invest, is buying lots of Zoom stock, indicating confidence in the company's future. Some investors believe that Zoom is oversold and may add to their positions. There are predictions that Zoom's stock price will increase to over $70 in the next quarter. Additionally, Zoom is seen as a cost-saving solution for employers. Despite some bullish sentiment, others believe that the stock market is being artificially pumped and that a potential lockdown due to COVID-19 could lead to further money printing. However, there are optimistic views that Zoom's earnings power is currently at $1.30 per quarter. The founder of Zoom, Eric Yuan, has shown a different tone during recent earnings calls. Overall, there is a belief that the bearish sentiment towards Zoom has reached its bottom.

ZM stock price is 68.66. ZM 52 Week low is 60.45. ZM 52 Week high is 89.67. ZM 200 day moving average is 69.47. It is currently trading below 200 day moving average. ZM 50 day moving average is 69.67 which is above(bearish) the current price. RSI (relative strength index) of ZM is 45.195 which is below (bearish) 70. Chaikin money flow (20 day) of ZM is -0.065 which is below (bearish) 0.