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BBTrader29
14 Okt 2021 pukul 22.01

ZS Snapback/Bounce Singkat

Zscaler, Inc.NASDAQ

Huraian

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
Komen
markrobertson67
This thing just wont stop going up......but maybe at this level its time it took a breather???
BBTrader29
@markrobertson67, yeah $315 was a good profit taking area
markrobertson67
I see it at resistance today. If it can break out to the upside it can run to $335 before next resistance. Stock went from $250 to $300 last time stochastic were at these levels. 8/23 it started.
Lebih