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BBTrader29
Jun 29, 2020 5:33 PM

ZS Round Down Short

Zscaler, Inc.NASDAQ

Description

I got into ZS friday afternoon at $106, it had cracked the EMA support and looked bearish to $99, showing a rounding downward formation. It is overextended on its weekly chart, which is going to keep it from running much higher. It needs to pullback to its average true range.
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