$ZS Will he reach the path that was set for him?I'm just watching. I have had some technical problems with intelligence search engines around companies, so I wouldn't go in now
1ZS trade ideas
Long ZScaler (ZS) at 186. Price Discovery above thatI will be keeping Stop Loss tight (manual close under 180)
$ZS with a bullish outlook following its earning releaseThe PEAD projecting a bullish outlook for $ZS after a positive under reaction following its earning release placing the stock in Drift A
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ZS FlaggingZS has recently broken out of its consolidation pattern above 190. It has since pull back to catch up with true range. The volume at only half way through todays trading day was higher than average. This tells me the pullback will get bought up and the breakout of the flag will continue to the 200 area.
$ZS - Bullish Exploration of New ATHRipped through previous ATH and now consolidating in a flag/pennant @ the 27% fib extension.
$170 level defended - invalidation provided on a close underneath it.
TG1 on breakout: $200
TG2: $220
Invalidated: <$170
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ZS - Bull Pennant (Long) opportunityZS consolidated for 3 months below a resistence @ 163 before finally breaking up strongly on 3rd December, propelling it into all-time-all (ATH). This is significant as ATH stocks tend to trend for some time, having no prior "resistences" to suppress it's upward momentum.
It has been consolidating in a bull pennant for the past 2 weeks and is looking like it could be breaking out of this pennant in another week or so.
Long with initial stop a few ticks below 172 (the low of this bull pennant). Should it break, manage the trade with trailing stops.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
ZS Great Entry - Rebound off Trendlinettm squeeze, 40 rsi, bounce off intraday trendline looks ripe for a push higher
ZS PT1152-159Nice pop today looking bullish as per the chart. The potential target could be 152 and 159
ZS Green Candle with Huge Volume, Setup for big uptrend After beating the earning estimates, ZS has a big green candle with a huge volume. Usually when green (or even red) day if there is a huge volume spike, its interpreted as the same trend most likely to continue. The same thing happens on 29 May and stock move big after about 85% after that.
Another example of stock NYSE:SNAP mentioned in related ideas where its moved with huge volume.
BREAKOUT CUP WITH HANDLE AND HIGH VOLUM BUY ZS ABOUT 191$Zscaler Reports First Quarter Fiscal 2021 Financial Results
Revenue grows 52% year-over-year to $142.6 million
Calculated billings grows 64% year-over-year to $144.7 million
Deferred revenue grows 51% year-over-year to $371.9 million
GAAP net loss of $55.0 million compared to GAAP net loss of $17.1 million on a year-over-year basis
Non-GAAP net income of $20.0 million compared to non-GAAP net income of $4.9 million on a year-over-year basis
1% CAPITAL
$ZS Zscaler Inc On Breakout Watch for Thursday
Earnings details = Source Seekignapha
Zscaler (NASDAQ:ZS) has jumped 11% in early after-hours action following its fiscal Q1 results, where solid margin performance helped it beat on top and bottom lines and raise full-year guidance.
Revenues jumped 52% to $142.6M. Calculated billings rose 64% to $144.7M, and deferred revenue jumped 51% to $371.9M.
Operating income (non-GAAP) jumped to $19.7M from $3.7M.
And net losses widened on a GAAP basis, but non-GAAP net income rose to $20M from a year-ago $4.9M.
Cash from operations came to $53.5M (38% of revenue), up from $21.4M a year ago. Free cash flow was $42.2M (30% of revenue), up from $9.4M.
Liquidity came to $1.42B, up $45.4M from July 31.
For its fiscal Q2, it's guiding to revenues of $146M-$148M (above consensus for $140.3M) and EPS of $0.07-$0.08 (vs. consensus for $0.07).
For the full fiscal 2021, it sees revenues at $608M-$612M (well above expectations for $588.4M), calculated billings of $755M-$765M, and EPS of $0.37-$0.38 (again, well above consensus for $0.31).
$ZS Double Bottom PatternI'm looking to open an early starter position in $ZS today. I have a limit order that may or may not get filled. A safer entry might be over the trend line I've drawn. If my order is filled my stop will be below today's low. I like the double bottom pattern because it shakes out a lot of weak hands as most see it as a lower low than the previous low and most likely heading lower. All TBD... Ideas, not investing / trading advice.
small short and then longi would looking for area 135.5 or 133 for rebounce and would take long position. Given 2nd wave covid all digital tech would be on hype
ZS False breakdown w/bounceZS today had a false breakdown from support with the close of day coming back to support. Being that support held and has only been tested 3 times, i'm expecting a bounce here back toward the moving averages.
ZScaler inside uptrend channel (Watching!)ZS has been behaving well inside the uptrend channel drawn. When we touch the upper part of the channel, we see a pullback to the lower segment line.
RSI analysis suggests, we have difficulty going above the 70 level, however, the chart remains bullish whenever the RSI has been over the 43 RSI. A break below 40 in the RSI would be short-term bearish. -----> conditional Bull
OBV has been trending upwards since the earnings gap-up we had May 29th. -----> Bull
50sma is lining up with the lower channel line, which could work as a support, and a buy entry with low risk.
$ZS can rise in the next daysContextual immersion trading strategy idea.
Zscaler, Inc. operates as a cloud security company worldwide.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $138.40;
stop-loss — $133.06.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Great upside with more momentumZS is a cloud-based information security riding COVID/work from home tailwinds helping businesses secure remote workstations. Purple line is a major fib, needs some more momentum to get up and over that, can make a nice long entry with targets above.
ABC BullishStop under C
Unfilled gap that may or may not be filled under price
No rising wedges noted in the early chart
NV is high
Short interest is on the high side
Not a recommendation
