Sell signal — week 4
Zscaler: sharp technical rebound, but the decline isn't over yet
Sell signal — week 4
In Summary
Week 4 of the Zscaler sell signal, and it comes with a sharp reversal: price closed up 5.9% with buy volume at 97% and a double bottom forming in the 121 area — already an 11% rebound from the lows. The decline is facing a meaningful technical counterattack. A careful read of the next session is in order before drawing conclusions.
IQS Phase
48
ordinary
Signal Strength
6
indecisive week
Sizing
MINIMUM
Ranking
#115 / 131
US stocks
Trade P&L %
+5.35%
from signal to today
restricted Platinum content