$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.
0XVU trade ideas
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
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Gap fill idea at 55 or at 60.
55 target gives bad rr below 1.5 though
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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
$ZS Zscaler on breakout alert.Looking for a entry on a break above middle Bollinger Band and POC at approx $46.80
Indicators are all in bullish trajectory .
Stock is still 46 % down from its summer highs with some large gaps above.
21% short interest could be the catalyst for a nice rally
The average analysts price target is $63
Company profile
Zscaler, Inc. engages in the provision of cloud-based internet security platform. It operates through the United States and Rest of the World geographical segments. It offers Zcaler internet access, private access, and platform. The company was founded by Jay Chaudhry and K. Kailash in September 2007 and is headquartered in San Jose, CA.
Weekly reversalThis can be good for swings, lottos, or day trade. 48.00 break, buy calls. Daily and weekly showing reversals.
ZS SETTING UP FOR A LONG MOVE LOOK FOR ZS BASED ON THE DAILY CHART TO MAKE AN UP MOVE TO THE OVERHEAD MOVING AVERAGE RESISTANCE
***Buy Opportunity***Broke above all the key Moving Averages. should keep running higher in the short term
ZscalerLeader in cloud security. The company announced that the Zscaler platform is now distributed across more than 150 data centers. Investing 5% of the Deposit
ZS BUY STRONG earning report coming! Just broke Resistance level 1
Resistance 2 at 60
resistance 3 at 65
Zscaler Inc Upgraded to buy Entry level $45.75 = Target price $51.74 = Stop loss $44.40
Todays upgrade
Zscaler initiated with a Buy at DA Davidson. DA Davidson analyst Andrew Nowinski initiated coverage of Zscaler (ZS) with a Buy rating and $55 price target. The analyst notes that the company is faced with near-term concerns related to the global macro backdrop and the potential disruption from the recent transition of head of sales change, but he sees its move to the cloud, tailwinds from the Microsoft (MSFT) partnership, SD-WAN adoption, and the growing opportunity in the Public Sector vertical offsetting these issues
Source thefly.com
High short interest of 20.26% which could ignite a rally.
Average analysts recommendation $66 | Overweight.
Company profile
Zscaler, Inc. engages in the provision of cloud-based internet security platform. It operates through the United States and Rest of the World geographical segments. It offers Zcaler internet access, private access, and platform. The company was founded by Jay Chaudhry and K. Kailash in September 2007 and is headquartered in San Jose, CA.
