0ZC trade ideas
VS Still like this one above the boxVS Accumulating in the box and added above. Like this consolidator. Looking for a break to the upside.
Trade void below box until it reclaims.
$ZS On Resistance / Possible iH&STechnical analysis of $ZS chart. The stock has outperformed the market on recovery so far, now time to watch. Major milestones are marked on the chart.
Zscaler #ZS#ZSCALER just cleared the resistance and heading up to next one. #RSI broke the trendline. The Volume is above the average
Nasdaq: ZS breaking out Daily Inverse H&SZscaler stock has established a bullish Inverse Head and Shoulder just above a previous gap (on Sep 10).
We have a potential target at the last highs achieved in July-August 2019.
In the two-hour timeframe, we have a nice breakout.
Entry: the current level at 69.96 (or the trader may prefer to put some limit order at a lower level just above 66.27).
Stop Loss: ideally should be below the left shoulder at 56.76.
Target: Would be the previous highs at 86-88.
$ZS long swing ideaI like $ZS long through $66.50 with a LOD stop loss for a push up to $73 resistance by sometime next week. Personally, I'll be looking to play the Apr 24 $72 call.
Trade Journal: Long $ZS - 4/8/2020ZS has been showing some impressive relative strength lately due to it's impressive bounce from the low. Despite the large retracement, ZS has been in a state of sideways consolidation and formed a symmetric triangle on the 30m timeframe. This triangle is also forming right below the 52 week highs. If ZS breaks out, the impending move could be powerful.
Entry - 64.90
Stop Loss - 63.65
Target - 75
ZS FlagZS has had a significant run up, creating the pole of the flag, then now has been consolidating for weeks, creating the flag part of the setup. It looks like its only a matter of time before this breaks out and runs to new resistance levels around 71 range
ZSCALER $ZSIt is forming Eve and Adam double bottom if it breaks above $66.50 and RSI needs to get over 58
ZS Gap Fill ReversalZS has filled its gap in its chart today, almost going up to the highs. Once the gap is filled more often than not, its accompanied by a reversal back down to nearest support.
ZS filling gapBe interesting to see what ZS does here once the gap is filled. If buyers dont mind we could see an even quicker move towards ATH. Keep an eye on volume here
In the resistance zoneWill it go down from here? Weekly/monthly closes above that trend should make it bullish.
ZS LongSold OTM puts and bought OTM calls. Gap to fill at $60. 200ma is the first resistance. Medium term uptrend is still intact after market selloff. High quality stock
Software on watchIn calls here. Watch software this week if market bounces. Some names look very strong on high volume.
ZS Gap FIll ReversalZS has ran up and completely filled the gap in its chart 100% all the way up to the 200 sma resistance on the daily chart. It has also reached 50 sma resistance on the weekly. Now that its completely filled the gap, we can expect a fade in price back to the lower timeframe moving averages and next support level. Looking for this to retrace back to the $56 and $53 price levels.
Long Idea - Gap fill8/Jan/2020 12:54 PM AUTHOR: Brandon Gum
--
Gap fill idea at 55 or at 60.
55 target gives bad rr below 1.5 though
======================
Zscaler Gap fill TradeEntry when spread comes in after the open if market strong.
Target just below the gap, which has very little price resistance for a potential 10% quick trade
