Zscaler (ZS) was reviewed on June 1st when we wrote that, "After Friday's gap up and sharp rally we could see prices trade sideways a bit before renewed gains. Continue to hold longs from March. If there is a shallow dip you can add to that position perhaps near $95. Raise stops to below $89. The $150 area is our next potential price target."
With ZS surging to a new high this morning, another look at the charts seems like a good idea.