$ZS ZScaler could fly by 35%!

3 במרץ 2023

ZS
Price is trading at 75% lower than All time high.

At 1W Time Frame 5 continous green candles with an above average volume after touching the 100$ (psychological support)


At 1D, a Cup has been formed. Currently a bullish flag is formed while volume is decreasing until 02.03.2023 (earnings).


After earnings, the stock has experienced -10% in pre-market.
4H A huge buy side volume has been showed up, which a good sign

1H shows us that the 4H Buy Volume is actually showing more sellers than buyers and sometimes undecision (Dojis)


Action Plan: We will keep an eye on it and wait for the breakout from the bullish flag