youngbosnia

$ZS Buy the Dip at Megaphone Support

BATS:ZS   Zscaler Inc
It's been dropping like a rock recently, but looks like it may be a good buy here at the green uptrend channel support from the April bottom. Also at megaphone support (purple). I would expect it to bounce soon and fill out the megaphone some more before breaking it out down the line.

Target 1: 250 (orange downtrend channel)
Target 2: 283 (purple megaphone resistance)
Target 3: 356 (horizontal resistance near ATH)

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