$ZS is in the all important cybersecurity space. It sold off hard, started a rebound and opps then the second wave of selling stepped in to form the, not yet determined, double bottom? I'll be looking for this to break above the down trend line. If / when it does I'll be looking for a logical entry point with a well defined support or fail line at which my stop will be placed below. All TBD. Ideas, not investing / trading advice.
Trade active:
4/6 @ZS active with 1/2 position after breaking above down trend line in @ $182 Stop $172.00. I'll likely build out the position over $190. TBD.
Trade closed manually:
4/20 Closed trade @ 188.98 for very small profit. Simply reducing risk as market down 2 days in a row. Mostly in cash now.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.