Zscaler Inc
Long

ZS - breakout of daily trendline and backtest held

87
ZScaler has broken out of the daily trendline and back-tested the trendline yesterday and held it. Todays price action is also nice watching it holding it above the 205 level

As long as it holds 205 level on a daily closing basis, I believe we will see 215/220 prior to Earnings which are due in another 3 weeks.

SL - < 205 on DCB basis
T1 - 215
T2 - 220

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