hermes_trisme

ZS short term upward reversal.

Alış
hermes_trisme Güncellendi   
NASDAQ:ZS   Zscaler Inc
ZS is trying to reverse downtrend. Bearish upthrust has been weakening over the last two weeks and price has already set daily higher low on the pre-market. For reversal to happen bulls must protect 192.5 and build value above 196.
If the reversal happens it will probably not to last long as we're in a monthly consolidation. But it still can provide some nice profit
Example of a possible trade is shown on the graph.

Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
Yorum:
The odds have slightly shifted towards bearish scenario. On the positive side - bulls managed to set daily higher low and protected 192.5. On the negative - price rejection was quite strong.
If you're NOT in this trade it makes sense to stay away for a while. If you're already in, there is still a chance it will work out but consider some risk mitigation actions (reducing position, partial profit taking)
İşlem kapandı: durdurma seviyesi:
didn't work out

Feragatname

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