ZM – 3 Years Under $100. This Week It Finally Broke Out.

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ZM – 3 Years Under $100. This Week It Finally Broke Out.Zoom Communications, Inc. Class ABATS:ZMkunal00Pull up the weekly chart on ZM and look at what just happened. This stock has been grinding and chopping under $100 for three full years. Every attempt to break out got rejected. Long bases like this build energy — and when they finally release, the move tends to be significant. This week it released. I entered this week. Stop is under the current weekly candle. ───────────────────────────────── WHY NOW ───────────────────────────────── Most people still think of Zoom as a pandemic stock that peaked and died. That's the wrong frame. Here's what the market is slowly waking up to — Zoom put $51 million into Anthropic back in May 2023. That stake is now estimated to be worth $2 billion to $4 billion. That's a 78x return sitting on their balance sheet that almost nobody is talking about. When Anthropic eventually goes public that becomes very real very fast. Meanwhile the core business is not broken. Earnings were up 88% last year. They're sitting on $7.8 billion in cash. They just launched Companion 3.0 and are pushing hard into AI-first enterprise. This is not the same company it was in 2022. ───────────────────────────────── THE SETUP ───────────────────────────────── Three year base. Flat top resistance at $100. Weekly breakout this week on expanding volume. When a stock grinds under a level for this long and finally clears it cleanly on the weekly chart, you respect that. This is the type of base that produces multi-month moves, not a two-day pop. ───────────────────────────────── TRADE PLAN ───────────────────────────────── Entry: Entered this week on the weekly breakout Stop: Under the current weekly candle low Timeframe: Swing — this is a weekly chart trade, not a day trade Pattern: 3-year flat top base breakout