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
ZS trade ideas
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.
ZS - Scaling InZS had a gap up due to earnings back on March 1st. The stock saw a rise in price within a bullish price channel but was creating a bearish divergence with the RSI indicator. Even with the pullback, the price remained in the bullish channel until it broke down in mid-August.
Another earnings report in September led to a gap down that created an Island Reversal pattern & carried the stock price below the March gap, which was now acting as resistance.
The stock price continued falling as it tested that March gap resistance a few times but as the price fell the RSI has moved higher creating a Bullish Divergence.
With the price moving out of an oversold condition I am looking for the price to move up to re-test the September gap resistance. Depending on bullish momentum the stock may be able to continue rising to fill the September gap.
****SHORT IDEA****Could be ready to break down this time, especially if the market looks weak. Short below 46
zszs continues to look like beat shit. here i'm comparing it to similar action on nvda from last year. i'm looking for better buy point in the 30s.
Possible ShortHas very strong support around the 46 range. if it breaks below this level in a convincing way, we may see a large drop.
$ZS (Zscaler Inc.) Long Positition Momentum TradeFor the public record -- I've taken a LONG position in ZS (Zscaler Inc.)
My trade is technical, and I've taken the trade given I perceive a positive upward momentum breakout to be on the horizon for the stock.
My opinions and trade actions are not recommendations to anyone to buy or sell any financial instrument. I'm simply posting the executions of my trades for the record.
