Analysis Of ZSCALER,INC. NASDAQ:ZS Looks Like We Are In the Last Leg Of Selling. One Can Accumulate For Short Term To Long Term. Minimum Invest For 4-5 Years. And Reap The Fruits.
Trade ideas
$ZS ZScaler could fly by 35%!NASDAQ:ZS
Price is trading at 75% lower than All time high.
At 1W Time Frame 5 continous green candles with an above average volume after touching the 100$ (psychological support)
At 1D, a Cup has been formed. Currently a bullish flag is formed while volume is decreasing until 02.03.2023 (earnings).
After earnings, the stock has experienced -10% in pre-market.
4H A huge buy side volume has been showed up, which a good sign
1H shows us that the 4H Buy Volume is actually showing more sellers than buyers and sometimes undecision (Dojis)
Action Plan: We will keep an eye on it and wait for the breakout from the bullish flag
Earnings AMCFlag.
Earnings are today aftermarket closes so a risky trade.
Most analysts seem positive on ZS beating the number. Guidance can make or break an earnings report though.
Short interest is close to 8%.
No recommendation
ZS // Cup handle formation Close above 124.21 is a must.We need closes above 124.21 for the formation to be valid. Pay attention to the wedge resistance in the weekly time frame.
Correction Done?Clear 5 waves up and correction possibly completed...bottom could be in here, lets see if our fork holds us.
Another come back?I would open a small long position and wait for the break out. If the price closes above the $115 resistance by the end of the week I'll add the next trade day session.
ZS great accumulation ZS has been forming a bearish flag since May and is ready to break down very aggressively. Open a small position now, if the weekly candle closes breaking through the flag add more the next week. SP around 175.
good bottom bounce setupthis is a good setup
Will see if this has followthrough upcoming days to get a feel for whether or not breakouts have followthrough.
ZS Zscaler, Inc. Options Ahead Of EarningsLooking at the ZS Zscaler, Inc. options chain ahead of earnings , i would buy the $119 strike price Puts with
2022-12-2 expiration date for about
$2.01 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
$ZA with a Bullish outlook following its earnings #Stocks
The PEAD projected a Bullish outlook for $ZS after a Negative over reaction following its earnings release placing the stock in drift C.
$ZS - Can it break out?In a broadening wedge. Attempted to breakout. ER was good enough. But the stock is selling off AF and at $130. Could be a potential break out play.
Target 1 - $145
Target 2 - $153
Target 3 - $183
Risk - Fall to $111 and worst case $80 gap fill.
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
Follower Request: Zscaler Stock Analysis.One of our followers requested this analysis on a stock they are following. By purely looking at the price action it seems theres an early bearish trend continuation occurring.
RectangleThe overall trend appears to be broadening.
Price is in a horizontal channel that is binding price action for now.
No recommendation
$ZS W$ZS W, in log since it looks better and look smarter. Current pa we're in, weekly flag measured move brings us to around 21.1.
Overall megaphone pattern with a measured move around $19 when we do get a break
141.40 is poc from covid and 47 is is poc from IPO
127 break and we can see free fall from volume gap and not much strong supports in between
we still up 340% from covid low
Does that qualify as an U&R?As in an "undercut and rally"... mixed with an "episodic pivot"? The setup is not clean but the volume is noteworthy. That would be an ideal time to get in if the market did find a bottom
Weekend chart porn: ZSHey baby.
Check out this weekly volume. Is it just me or is this thing going higher?
$ZS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ZS after a Positive Under reaction following its earnings release placing the stock in drift A.
SHORT | ZSNASDAQ:ZS
Possible Scenario: SHORT
Evidence: Price Action, Money Flow
TP1: 162$
TP2: 156$
TP3: 150$
*This is my idea and could be wrong 100%.
fake out city! 🩸two fake out breakouts past long trigger, you could have made some nice profits from second break though.
breaking bullish trend support, watching for break of 161.5 for downside continuation.
break above 174.33 for long scalps
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8/10/22 ZSZscaler Inc ( NASDAQ:ZS )
Sector: Technology Services (Packaged Software)
Market Capitalization: $23.182B
Current Price: $180.41
Breakout Price: $186.75
Buy Zone (Top/Bottom Range): $169.90-$144.00
Price Target: $218.00-$224.00 (1st)
Estimated Duration to Target: 54-57d
Contract of Interest: $ZS 10/21/22 180c
Trade price as of publish date: $21.25/contract
fake out breakout? 🔋broke my trend resistance with some strength, but quickly coming back to reality after recent fake out breakout past local resistance!
long trigger 177.14 / short trigger 156.38
