Zscaler is unsuitable for swing trading but suitable for long-term holding due to technical strength and institutional activity.

We will take a look at the company " Z Skiller" because this position is interesting here. This fits perfectly with the field of cybersecurity. ZSkiller is one of those companies that wants to know, as their program says: "Okay, you're here.

Good. Do you have permission to be here? Oh, do you? Great." Then another program says: "Oh, okay, you got permission to be here. Good. What are you going to do? I'm not sure if I want you to do it or not."

So there really is a package of security, and "Z Skiller" is kind of in the middle of it.

we were trading this stock as it rose and finally closed it near the top, but it dropped completely and formed a fairly good inverted head and shoulders pattern . somewhat.

It's more like a " double bottom" pattern, and at some point you have to move away from labels like: "Oh, that's a flap burst pattern." Or this is the " triple wombat" pattern or something like that .

You just have to look at it and say, " Guys, are we heading down? Are we hitting the bottom? Are we in a distribution phase? Are we heading up? What's happening to the price?"

As for Zscaler, I can say, "Well, that's kind of a head and shoulders model here." But where will I put the head? So I have the head here, then this is the shoulder, then this is the other shoulder, and this is the neckline.

So, you got a line like this. Should I do it differently? This is how I see it . It's a very simple method.

Do you see this 120 area? It has been tested twice. I've been here several times, but I don't care. Once here, and once here. Therefore, it has been tested twice. It rises here in the middle.

Okay , that's the peak, 190. Well, you couldn't break through it for over a month . Finally, I broke through it forcefully two weeks ago. This is complete, and then you will notice the moving average crossover here.

Good? So this completes the reflection. This completes the trend reversal, and man, it's been a wild ride. From bottom to top, here the percentage was 60%.

I mean, we could break this down into fractions and say, "Okay, that's the inverted head and shoulders pattern here ." I will not do that. I just want us to make some money now in a very difficult market .

Therefore, I want to look at it this way. This was a massive sell-off. There are a lot of fluctuations here. A lot of things are happening . But finally we got this tradable range here between 190 and 170 or 165 approximately, and finally it broke through on Friday.

A very bad day . Well, it dropped by 10% then today when many of these other stocks also dropped.

But in the end, it closed higher than the opening price. But here, this is a very clear indication of that. This is a really nice bounce off the 20 level. So if you're looking to buy this stock, this is how I would trade it.

If you are seriously looking for a trading deal, a short-term day trade , then you buy it here. Place your stop loss here, below the lowest level of the day . This is a 6% risk.

It's not the best deal in the world because you have to assume the stock will come back here at most and stumble at least. At least he will face an obstacle here at this final summit .

And what does that give you ? 8.5 percent? So you risk 6% to earn 8.5%? This is not a good balance between risk and return.

So in this case, you would move on to day trading and say, "Okay, we need to do this a little differently." Let's take a look at the 30-minute, 60-minute, one-hour, and then the daily planner.

So, where exactly do I place my stop-loss order? And then you will come to the conclusion - I will not teach you how to day trade now. But you will arrive at a tighter stop-loss point rather than waiting for the price to fully pull back down here , because think about it.

Let's say you're going to buy this stock tomorrow and you're going to put your stop-loss order down there at the bottom. Well , tomorrow has come. Do you really need the arrow to reach this point ?

I'm going to make it very realistic. Good. Do you really need the stock to fall all the way down here to know that this deal is not working? My answer is: No, you don't need that.

So, you might place a stop-loss order here. You might put it somewhere at the top, but the bottom line is if you're buying this stock as a bargain , as a swing trade, you need a stop-loss point other than the one at the very bottom .

For this reason, I do not recommend this stock for swing trading.

However, if you are looking to buy this stock and hold it for a while, I think this is the right place to go, because again, it has a lot of positive factors. It has a good crossover of the 50-day and 200-day moving averages.

He has a great model here. You can see the entry of institutions. Look at the trading volume here. There is definitely increased activity. When you see this increased activity, that's good, but then you have to look at the price and say, " Okay, all this increased activity, what's happening to the stock?"

Well, looking at that, we have a big uptrend here, with a large-volume trading day. What the hell is this? Oh my God, it's a big landing day . Well, that was yesterday, or actually Friday, but today, we got an average trading volume in the opposite direction.

So, this stock is absorbing the large sell-off that occurred on Friday.

So, the conclusion is as follows. I think this is a stock you can buy now, but I wouldn't recommend it for a swing trade. I'll only look at it as a long-term investment center, okay?