SpecialeAnalysis

Zscaler Inc. (ZS) approaching significant overhead resistance

NASDAQ:ZS   Zscaler Inc
Zscaler Inc. (ZS) approaching significant overhead resistance, able to absorb buying pressures into August trade. From here, (ZS) can fall back to channel support, eliciting losses of 50% over the following 3 - 5 months. Inversely, if a settlement above channel resistance occurs, (ZS) enters into a BUY signal where gains of a similar magnitude can be expected over the same time horizon.

Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.