ZS - Cup with Handle - 2020-12-03

ZS Trade Comparison:

The Cup with Handle breakout in ZS after earnings closely resembles BLNK's pattern from November 2020 and looks almost identical with CRWD's recent break out.

All 3 setups featured:

• Strong Cup with Handle Formation: A well-defined base before the breakout.
• Earnings Gap Up: A breakout triggered by earnings, confirming strength.
• Uptrend Continuation: Sustained price movement over several weeks.
• Trailing Exit with 10 EMA: A simple yet effective strategy to capture gains.

Outcome: Both trades resulted in steady gains, with ZS delivering a 20% profit in a smooth uptrend.