Zscaler (Ticker: ZS) is a leading cloud security company that provides a secure and fast digital experience for users, regardless of their location or device. Their cloud-native platform enables organizations to securely connect users to applications and services, protecting them from cyber threats.
Currently, Zscaler's stock is retesting the base breakout level. This means that the stock price is revisiting a key level of support or resistance that was previously broken, indicating a potential shift in market sentiment.
Traders and investors will closely monitor this retest to determine if the stock can successfully break through the resistance level and continue its upward trend. The outcome of this retest will provide valuable insights into the future price movement of Zscaler's stock.
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