Zscaler (ZS) — Potential Rebound Toward $218 (+30%)

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Zscaler (ZS) — Potential Rebound Toward $218 (+30%)Zscaler, Inc.BATS:ZSdarksignalZscaler has been recovering strongly after a long decline from the $330 area. The stock recently moved toward the $190 resistance zone before pulling back to the current area around $167. The current price is approaching an important support area around $165–170. If buyers continue to defend this zone, the recent pullback could develop into another move higher. A sustained move back above the $190 area would be an important confirmation that buyers are regaining control. If this resistance is reclaimed and held, the next major target is around $218–220. The $218–220 area is important because it is a previous resistance zone and could act as the next major reaction area. From the current price, a move toward $218 would represent roughly 30% upside. The bullish scenario would remain valid as long as ZS holds the current recovery structure. A clear break below the $165 area would weaken the setup, while a deeper move below the $140 support zone would invalidate the current rebound scenario. For now, the key levels are $165–170 as support, $190 as the confirmation zone, and $218–220 as the main upside target. This is a potential rebound setup rather than a confirmed long-term trend reversal. The next important signal will be whether buyers can reclaim and hold the $190 resistance area. Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial or investment advice. Trading and investing involve risk. Always do your own research before making any investment decision.