A correction will hit this one hard. Standardized reporting shows a widening gap in losses. Moreover, Analysts seem to be making big mistakes in estimates.
Here is a call I'm looking at for tomorrow. It's been making new ATH's. It just broke resistance and could be heading to the top of the trend channel. Add it to your watch list if you're interested.
ZS is moving as is CRWD. Cyber scare over weekend I guess.
ZS is up a bit too much today for me to buy more but chances are it will pull back. They always do.
Don't always bet the farm. That can result in losing the farm )o:
No recommendation
$221.48 is my breakout level (give or take).
We need a close above this with mega volume and we fly to $226, $232 in minutes.
Many, many, many struggles with $220 over the past 6 months
"The bigger the base, the bigger the breakout!"
ZS is looking prime for a bounce back to the 200 level. It has already broken out of its double bottom pattern into resistance. It is also showing significant overbought levels on stochastics. Looking for this to pull back to the 200 area.
$ZS, a 2020 leader is working on a new base around its 50 MA. That base is taking the shape of a head and shoulders bottom. It is currently building its right shoulder and need few more days to continue to base.
-Zscaler ZS shares gained 8.3% during Tuesday’s extended trading session after the cloud-based security solutions reported better-than-expected fiscal third-quarter results and raised outlook for fiscal 2021.
-Zscaler’s fiscal third-quarter adjusted earnings jumped more than two-fold to 15 cents per share from the 7 cents reported in the year-ago period....
Alert triggered today. One of my fav's on my watchlists. I'm seeing some support at this 190 level with a new local high and weakening volume on this small pullback. Has the upgrades to back up a move to $220-$240, near term. Sitting on plenty of cash and RSI in the bullzone for a decent amount of time.
Pitfalls:
-As I'm sure we're all aware, inflationary...
$ZS is in the all important cybersecurity space. It sold off hard, started a rebound and opps then the second wave of selling stepped in to form the, not yet determined, double bottom? I'll be looking for this to break above the down trend line. If / when it does I'll be looking for a logical entry point with a well defined support or fail line at which my stop...
ZS correction could be coming to an end. It looks to bounce off this support and continue higher. We're also hanging around the 21W MA with price/RSI divergence. Possibly good entry. Not financial advice. DYOR.
ZS tested a horizontal resistence turned support @ 163 yesterday, closing a bullish pin bar. Incidentally a bullish divergence between Price and RSI became apparent this morning as it opened with a gap up. Time to accmulate. However initial stop loss is currently at 160 (just below yesterday's pin bar low), hence position size accordingly to cater for this wide...
This is to demo the "Trend Following Trigger", a basic trend following system that using 5, 13, 34 EMAs cross-overs as triggers.
The 5,13 EMA pair is tracking the short-term momentum, when 5 EMA crosses over 13 EMA up or down, the script will develop a bullish "fast pivot" point or "FP", which can be used as the first entry of a position.
The 13, 34 EMA pair is...
This is to demo the "Trend Following Trigger", a basic trend following system that using 5, 13, 34 EMAs cross-overs as triggers.
The 5,13 EMA pair is tracking the short-term momentum , when 5 EMA crosses over 13 EMA up or down, the script will develop a bullish "fast pivot" point or "FP" , which can be used as the first entry of a position.
The 13, 34 EMA...
Zscaler, Inc. engages in the provision of cloud-based internet security platform. It provides integrated and comprehensive solutions to customers using cloud platform, the Zscaler Zero Trust Exchange. The firm offers Zcaler internet access, private access, digital experience, and cloud protection. The company was founded by Jagtar Singh Chaudhry and K. Kailash in September 2007 and is headquartered in San Jose, CA.
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