Short-Term Bullish on ZSI am Counting on Growing Green MACH yearly, which just kicked in. I also feel ZS has been drawn out too much, so there is short-term relief up to 210-220, Hence riding with the calls expiring in October.Longby vishalniitUpdated 0
Zscaler (ZS): Potential Pitfalls & Buying Risks ExplainedAt Zscaler, we believe that the subordinate Wave 3 has definitely concluded at 259.61$. Currently, we are in search of Wave 4, which is turning out to be unusually long and has already dropped below the critical level that we had considered as the last reversal point. This significantly diminishes the likelihood of a successful entry, prompting us to refrain from new engagements for now. Moreover, the RSI indicates that the stock is oversold, which might suggest a buying opportunity. However, given the overall market dynamics and Zscaler's specific situation, we remain cautious. Should the price fall below the 163$ level, it would potentially invalidate our current scenario and suggest that our analysis might be incorrect, boding poorly for Zscaler's outlook. Considering the current market uncertainties and specific risks associated with Zscaler, we have decided not to place any new entries at this time.by freeguy_by_wmc3
Zscaler (ZS): Breaking Through the CloudZscaler (ZS): NASDAQ:ZS At the American cloud company Zscaler, we have completed the first 5-wave cycle at the level of $376.11, have since developed Wave II at $84.93, and are now in the overarching Wave III, which should naturally extend far beyond our Alltime High, thus above the current Wave I to also be valid. Currently, we are in the first 5-wave impulse upwards to complete the Wave (1). We have ended the subordinate Wave 3 here precisely or almost exactly at the level of 161.8%, have since formed a stronger downward trend, and are now in the conclusion of Wave 4, and as can be seen on the smaller timeframe, our entry point is already indicated for Wave 4. This should reach between 38.2% and 61.8%. If we should fall below that, we should also reconsider this bullish scenario, but we would set a market entry here as we have already fallen into the buying zone and expect a rise above Wave 3, so above the level of $259.6.Longby freeguy_by_wmcUpdated 5
ZS short term upward reversal. ZS is trying to reverse downtrend. Bearish upthrust has been weakening over the last two weeks and price has already set daily higher low on the pre-market. For reversal to happen bulls must protect 192.5 and build value above 196. If the reversal happens it will probably not to last long as we're in a monthly consolidation. But it still can provide some nice profit Example of a possible trade is shown on the graph. Disclaimer I don't give trading or investing advice, just sharing my thoughts. Longby hermes_trismeUpdated 0
StocK Growth: $ZS InvestmentNASDAQ:ZS , Zscaler Inc., operates in the cloud-based internet security sector, offering a range of services crucial for modern cybersecurity. Founded in 2007, the company has shown resilience and innovation in its field. Here's an analysis of its current position and investment potential. Analysis: 1. Bullish Trend: The stock is experiencing a bullish trend, indicating positive market sentiment and potential for upward movement in share prices. 2. Support and Resistance Levels: NASDAQ:ZS has established support levels between $172 and $202, indicating strong buying interest within this range. A resistance target at $250 suggests potential upward momentum. 3. Buy Wholesale, Sell Retail: With the stock trading within the support range, it aligns with the principle of buying wholesale and selling retail, indicating a favorable time for investment. 4. Stochastic Indicator: The Stochastic indicator, although slightly higher than preferred at 62%, indicates that selling pressure within the bullish trend has eased off. This could signal increasing demand for NASDAQ:ZS shares. Investment Decision: Considering the bullish trend, well-defined support-resistance levels, and the interpretation of the Stochastic indicator, investing in NASDAQ:ZS seems promising. The current market conditions suggest potential for growth in the stock price. Conclusion: Zscaler Inc. ( NASDAQ:ZS ) stands at the forefront of cloud-based internet security, offering essential services in today's digital landscape. With a bullish trend, solid support-resistance dynamics, and favorable Stochastic indicators, NASDAQ:ZS presents an attractive investment opportunity. Investors are encouraged to conduct further research and consider adding NASDAQ:ZS to their portfolio.Longby ImmaculateTony0
ZS got too short, LONG opportunityNASDAQ:ZS has been very "bearish" for almost month but we're still in a monthly uptrend. At the same time there are bearish exhaustion signs: weekly bearish upthrust has diminished, and value area has been overlapping for the last three days. This creates opportunity to capture possible short-squeeze. It is a high risk trade given the context but upside can be huge. Exercise with caution. You can see example of possible trade on the chart (conservative profit target) Disclaimer I don't give trading or investing advice, just sharing my thoughts.Longby hermes_trismeUpdated 0
Zscaler: Arriving 🛬 🌴Zscaler has now reached the magenta Target Zone between $195.68 and $159.11. We expect a deeper dive before the low of the magenta wave (ii) is established here. Subsequently, we expect a rise above the resistance at $259.62.Longby MarketIntel0
ZSCALER: Potential BuyPrice currently consolidating in a range but the heavy bullishness in this rising channel makes me believe that breaking above is more likely. Possible entry zones marked. Target at $270.Longby M0_BTCUpdated 0
$ZS Buy the Dip at Megaphone SupportIt's been dropping like a rock recently, but looks like it may be a good buy here at the green uptrend channel support from the April bottom. Also at megaphone support (purple). I would expect it to bounce soon and fill out the megaphone some more before breaking it out down the line. Target 1: 250 (orange downtrend channel) Target 2: 283 (purple megaphone resistance) Target 3: 356 (horizontal resistance near ATH)Longby youngbosnia221
ZS - Base and raceZS gapped down on earnings and filling the gap now. Technically it can complete the Corrective ABC wave here and base above 180-200 . If the broader market turns bearish, the Corrective ABC wave can turn into bearish Impulsive wave. Long between 180-200 Stop loss 170 Target#1 - 260 Target#2 - 320, after a pullback Target #3 - 380, after a pullbackLongby just4tradinUpdated 223
Zscaler (NASDAQ: $ZS) Financial Health and Growth MetricsZscaler (NASDAQ: NASDAQ:ZS ) will release its earnings data after the market closes on Thursday, February 29th. Analysts expect Zscaler to post earnings of $0.58 per share for the quarter. Zscaler has set its Q2 guidance at $0.57-0.58 EPS and its FY24 guidance at $2.45-2.48 EPS. Zscaler (NASDAQ: NASDAQ:ZS ) last issued its quarterly earnings data on Monday, November 27th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.18. The firm had revenue of $496.70 million during the quarter, compared to the consensus estimate of $473.36 million. Zscaler ( NASDAQ:ZS ) had a negative return on equity of 21.39% and a negative net margin of 9.54%. The firm’s revenue was up 39.7% on a year-over-year basis. During the same period in the prior year, the business earned ($0.47) EPS. On average, analysts expect Zscaler to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year. Zscaler ( NASDAQ:ZS ) stock today fell 14% in sympathy with the 28% plunge in shares of cybersecurity competitor Palo Alto Networks ( NASDAQ:PANW ), which lowered guidance and said a shift in its go-to-market strategy would weigh on revenue and billings growth over the next 12 to 18 months. Trading around $213.92, Zscaler ( NASDAQ:ZS ) stock is still up 11% since the company in late November reported that fiscal Q1 (Oct.) revenue advanced 40%, double Palo Alto’s top-line growth rate in the comparable quarter. Zscaler ( NASDAQ:ZS ) will release FQ2 (Jan.) results on February 29. Zscaler Price Performance Shares of NASDAQ:ZS opened at $213.92 on Thursday. The company has a market cap of $31.73 billion, a P/E ratio of -184.41, and a beta of 0.86. Zscaler ( NASDAQ:ZS ) has a 50-day MA price of $229.99 and a 200 day moving average price of $173.81. Zscaler ( NASDAQ:ZS ) has a debt-to-equity ratio of 1.40, a current ratio of 1.96 and a quick ratio of 1.96. Zscaler ( NASDAQ:ZS ) has a 1 month low of $202.86 and a 1 month high of $260.51.by DEXWireNews1
Zscaler: Knock, Knock… ✊The Zscaler share is currently trying to establish itself above the $227.29 mark. According to our primary expectation, it should succeed in doing so and should travel a good bit further before it discards the high of the turquoise wave 3. However, there is also a 30% probable alternative, which comes into force in the event of an imminent fall below $206.67. In this case, the price would already be working on the turquoise wave alt. 4.Longby MarketIntel1
Zscaler Reversal Indication - Long StrategyWe will buy when it breaks 215.93 point and keeping 1:1 risk-reward ratio.Longby Alee_Kolachi1
ZS Zscaler Options Ahead of EarningsIf you haven`t bought ZS ahead of the previous earnings: Then analyzing the options chain and the chart patterns of ZS Zscaler prior to the earnings report next week, I would consider purchasing the 185usd strike price Puts with an expiration date of 2023-12-15, for a premium of approximately $6.45. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Shortby TopgOptions2
ZSZscaler Inc. is a cloud security company, which has developed a platform incorporating core security functionalities needed to enable access to cloud resources based on identity, context and organizations policies. tp1 175.5 tp2 185.5Longby Lazy-LizardUpdated 0
ZS ZS on pull back buy set up on watch .. see what happens.. looking good.. but don't trust market Longby cdarbonne33440
W PATTERNNICE MOVE W noted/Low volume with a relatively strong move up for this security. Valley 2 is lower than valley 1. No recommendation. Time will tellby lauralea1
ZS - 4 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting1111
Is it just me, or is ZS about to POP?!Looking at the ZS chart on a daily timeframe, and can’t help but think that it looks ready to POP (in a good way). Is it just me, or do others see/feel/believe the same? Longby SkinnyMike3226
Adding to ZS shorts hereAdding to ZS shorts now, currently up on core position. Riding the weekly 200 da MA, bearish rising wedge. 15 min lost the MA on low time frames. Not advise, good luck.Shortby A5gamakatsuUpdated 222
ZScalerThe market is in a supply zone looking for a rejection. A wedge is already formed on the hour time frame and flushing. Looking to enter on retest on body of wedge.Shortby Donye112
ZS - the trade from the upper part of the envelopeSHORT: - the price hit resistance and broke through the upper part of the envelope. which indicates the weakening of the bulls - the price moves inside the expanding channel - on 4h TF it is clearly visible that the RSI and the stochastic are about to reverse - on 4h TF divergence in osmosis is clearly visibleShortby Master-of-Trading1
$ZS Beats on Earnings / Trying to BreakoutNASDAQ:ZS I have most relevant info on chart. I have an alert set on the upper resistance line on the chart. It did exceed that but pulled back in this tough market. I will be looking for both the market to improve (who knows?) and NASDAQ:ZS to break above that area. The bad is both the market and NASDAQ:ZS did put in a lower low most recently. In any event this is high on my watchlist even for a pullback and rally play. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking. From earningswhispers.com : Zscaler Beat Expectations Tuesday, September 5, 2023 at 4:05 PM ET Zscaler (ZS) reported earnings of $0.64 per share on revenue of $455.01 million for the fiscal fourth quarter ended July 2023. The consensus earnings estimate was $0.49 per share on revenue of $430.38 million. The Earnings Whisper number was $0.52 per share. The company beat expectations by 23.08% while revenue grew 43.06% on a year-over-year basis. The company said it expects first-quarter non-GAAP earnings of $0.48 to $0.49 per share on revenue of $472.0 million to $474.0 million. The consensus earnings estimate is $0.46 per share on revenue of $464.60 million for the October 31, 2023 quarter. The company also said it expects fiscal 2024 non-GAAP earnings of $2.20 to $2.25 per share on revenue of $2.050 billion to $2.065 billion. The consensus earnings estimate is $2.10 per share on revenue of $2.05 billion for the year ending July 31, 2024.Longby jaxdogUpdated 443