BBTrader29

ZS Snapback/Bounce

Penjualan
NASDAQ:ZS   Zscaler Inc
ZS has ran up right into its previous ATH. This is the first test of that high, and it comes after being overbought on stochastics and after 4 consecutive green run-up days pushing it to overextended levels piercing above the upper bollinger band. This level will act as resistance with 300 mark also acting as a physcological level of resistance, which is where my stop is around. There is supply at this level and will most likely sell off from here back to true range around 282
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