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ZS massive channel
Zscaler Inc
ZS massive channel
By TheBullandBearLounge
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Jun 6, 2022
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Jun 6, 2022
Massive descending channel on ZS with a possible retest of upper trendline.
If you zoom in on a smaller time frame (1HR) you can clear see some resistance at 163.94 / 164 level. This level has been holding for a week now.
If that level breaks, there is not much resistance until 186 which is 5/22 lows and trendline from the highs in December. A great R:R trade.
breakout
Chart Patterns
Technical Indicators
Parallel Channel
Stocks
support
Support and Resistance
Trend Analysis
zs
TheBullandBearLounge
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