This cloud-based security company that saw strong momentum to the upside during the 2nd and 3rd quarters gave back all of their gains during the 4th quarter. July 26th, 2019 ZS put in a 52 week high of 89.54. It then traded as low as 46.04 on 9/11/19, only to extend that down side range by a penny on 10/1/19 trading 46.03. Not quite making it to the 52 week low of 30.72. This shelf of support ZS has found over the past 19 trading days has really caught my attention. This could be a nice buying opportunity for this stock. ZS would be a great candidate for Prosper’s Zone methodology, giving us a chance to take advantage of a possible oversold stock. As always only time will tell. 

If you would like to get an absolutely free day pass to his or one of our other live signal trading rooms today, follow this link. >>http://bit.ly/nl-freepass

 

 

about the author:

Patrick Hammond

Patrick Hammond runs both our Momentum Stocks Room and Foundation room.

In our Momentum Stocks Room you will learn the “nuts and bolts” to trading stock. Get an introduction to stocks, learn about short selling, dividends, and see how they affect the price of the stock.

Our Foundation Room is a wealth of knowledge for all of our traders from beginning novices to seasoned vets. Here you can sharpen your trading acumen by taking things back to the basics or discover overlooked methods that can make you a more consistent trader.

Read Similar Articles

January 13, 2026

Credit Card Interest Rate Caps: What Traders Could Expect

A high-profile policy debate has re-entered the financial spotlight surrounding credit card interest rate caps. Last week, President Donald Trump called for a temporary national cap on credit card interest rates. He proposed a maximum annual rate of 10% over a one-year period, starting January 20, 2026. President Trump’s proposal would aim to combat the […]

Read Article
December 23, 2025

3 Top Indicators For Day Trading Options

Make no mistake…day trading options can be very profitable, but it can also be very risky. If you don’t know what you’re doing—you will get burned. When I first started day trading options, I learned that lesson the hard way quite a few times, but those experiences made me a better trader and coach. I’ll […]

Read Article
December 12, 2025

Premarket Pulse Pattern: My #1 Prop Trading Strategy

What is Prop Trading? Prop trading has exploded in popularity over the last five years. It’s transformed from a niche practice into a mainstream gateway for retail traders. There’s a lot of highly skilled traders out there who are sitting on the sidelines right now for two main reasons: Prop trading addresses both issues. In […]

Read Article

Read Similar Articles

https://www.prospertrading.com/chip-stock-rally-scotts-looking-for-this-big-move/Chip Stock Rally: Scott’s Looking For This Big Move
January 10, 2026

Chip Stock Rally: Scott’s Looking For This Big Move

There’s been a huge chip stock rally in the market that’s turning a lot of heads. Here are just a few examples: Chip stocks were among the big names that dominated at CES this year in Las Vegas. In addition to the growing demand for chips, AI, and data storage, it’s understandable why there’s so […]

Read Article
https://www.prospertrading.com/3-tech-stocks-charlie-moon-is-watching-in-2026/3 Tech Stocks Charlie Moon Is Watching In 2026
January 2, 2026

3 Tech Stocks Charlie Moon Is Watching In 2026

Traders started planning ahead for 2026 well in advance, with tech stocks being a major focus.It’s no secret that tech stocks have a huge influence on the market—in addition to the huge trading opportunities they can offer. Factors like high volume, volatility, and liquidity make tech stocks very attractive assets for traders to consider following. […]

Read Article
https://www.prospertrading.com/new-years-eve-trading-what-to-expect/New Year’s Eve Trading: What to Expect
December 31, 2025

New Year’s Eve Trading: What to Expect

With a full day of New Year’s Eve trading ahead of us, a lot of traders are wondering if any surprises might await them on the last trading day of 2025. Today will close out what has been an eventful year in the market. Trading was affected by significant events—from Liberation Day and a lengthy […]

Read Article