Zscaler Earnings BREAKOUT Inbound? 67% Upside

2 de dez. de 2024

Earnings Monday: Zscaler - ZS 💻

A huge name within the cybersecurity space, this growth beast is reporting earnings on Monday and has beaten earning projections over 24x in a row! They clearly know how to play the game that is Wall Street. Will the streak continue?

-Cup with handle forming as we speak. $265 is the BO area. 📏$445 - 67% Upside
-Bull Flag breakout with successful retest.📏$300
-H5 Indicator is Green
-Williams Consolidation Box is thriving
-Launching off AVP Shelf

The sector is red hot with MEH quarters from the Cybersecurity leaders in CRWD PANW so if Zscaler can come in and knock some socks off then they will fly to $300 faster than you can say "What is a Zscaler?"

NFA #CyberSecurity

5 de dez. de 2024

Nota

Great earning with meh guidance! Stock dropped then fought back hard as I thought it would as it's not a bad earnings its a good earnings with okay guidance. Still in the handle formation and the move higher and CupnHandle breakout are still in play here.