(ZS) Investment Analysis and Advice

November 05, 2024, 10:00 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ZS

• Buy ZS near 174.5 target 200.58 stop loss @ 174 Details

The technical summary data tells us to buy ZS near 174.5 with an upside target of 200.58. This data also tells us to set a stop loss @ 174 to protect against excessive loss in case the stock begins to move against the trade. 174.5 is the first level of support below 184.52 , and by rule, any test of support is a buy signal. In this case, support 174.5 is being tested, a buy signal would exist.

• Short ZS slightly under 200.58, target 174.5, stop loss @ 201.16 Details

The technical summary data is suggesting a short of ZS as it gets near 200.58 with a downside target of 174.5. We should have a stop loss in place at 201.16though. 200.58 is the first level of resistance above 184.52, and by rule, any test of resistance is a short signal. In this case, if resistance 200.58 is being tested, a short signal would exist.

Swing Trading Plans for ZS

• Buy ZS slightly over 187.18, target 200.58, Stop Loss @ 186.64 Details

If 187.18 begins to break higher, the technical summary data tells us to buy ZS just slightly over 187.18, with an upside target of 200.58. The data also tells us to set a stop loss @ 186.64 in case the stock turns against the trade. 187.18 is the first level of resistance above 184.52, and by rule, any break above resistance is a buy signal. In this case, 187.18, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ZS slightly near 187.18, target 180.87, Stop Loss @ 187.72. Details

The technical summary data is suggesting a short of ZS if it tests 187.18 with a downside target of 180.87. We should have a stop loss in place at 187.72 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 187.18, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ZS

• Buy ZS slightly over 187.18, target 200.58, Stop Loss @ 186.74 Details

If 187.18 begins to break higher, the technical summary data tells us to buy ZS just slightly over 187.18, with an upside target of 200.58. The data also tells us to set a stop loss @ 186.74 in case the stock turns against the trade. 187.18 is the first level of resistance above 184.52, and by rule, any break above resistance is a buy signal. In this case, 187.18, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ZS slightly near 187.18, target 184.1, Stop Loss @ 187.62. Details

The technical summary data is suggesting a short of ZS if it tests 187.18 with a downside target of 184.1. We should have a stop loss in place at 187.62 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 187.18, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Zscaler Inc. (ZS) available here: ZS.

ZS Ratings for November 05:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	150.55
P2	178.94	180.87	174.5
P3	184.1	187.18	200.58

AI Generated Signals for ZS

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Prudent Investment Analysis requires observations of the support and resistance levels for Zscaler Inc. (NYSE: ZS) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ZS change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ZS is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ZS too.  All of these are offered below the Summary Table.