Idea about $ZS

Zscaler is a cloud-based information security company. The company has more than 100 data centers with clients in 185 countries around the world. Most of the clients are located in the United States. Revenue of $673 million (2020). Capitalization of $51.2 billion.

A deal for a false breakout of the extremum ($376).

1) The closing of the daily candle is far from the extreme
2) Approach to the level on candles significantly exceeding the ATR


Short: $376.2
Target: $361
Stop above $381

NOT IRR.