Heavy May call interest in 70C and above - stock resilient against China trade war, nice chart setting up. Could break out next week or before earnings end of May.
I've enjoyed watching ZS for years long before they went IPO. I have been employed at a Jay Chaudry firm in the past (one of my favorite professional assignments, too), so I remember when he began to kick the idea around and some people I knew began to align with him on his vision. Years later, his firm is one of the most successful cloud computing stories on...
ZS (Zscaler) belongs to the technology sector
The company went public two years ago and slightly having side way action.
Yet, recently received a strong buying recommendation which led to an increasing movement in the last month.
RSI currently doesn't point on overbought.
if Zscaler will continue to rise, it will be interesting in breaking the 48 level
also,...
Here ZS MACD fast line crosses over the slow line (at around 0 level). Also prices closes above 13-day EMA. New uptrend starting. Price now above 52-week high, no resistance. I'll let this one ride with a trailing stop.
