Day by day more companies apply for cloud-based online transactions and operations. Zscaler comes to secure your data in any cloud since evil-minded hackers might be observing your weak points. Since 2016 its revenue tripled and opened more opportunities to explore the world of cloud and come out with different customer approach strategies. Although its earnings have been negative from the beginning, NASDAQ: ZS has been performing positively in the long-term (2 years).
May becomes a golden month for ZS to grow with volatility by giving some chance to weekly based traders who like to get profits quickly. Last week’s performance brought two crashes but uptrend still continues.