Strong uptrend for 2U.com $TWOUThis stock is a top pick for a lot of leading ETFs like ARKK , ARKG , ARKW , CLOU and XSW . That's a synonym for good long term view from this companies, and I really like that. You could say that, that is part of my fundamental analysis.
On early November the price tested its 200 day MA and it held very well. Now, after a good breakout, is testing its 20 day MA and so far is looking good. Depending on the close I'll buy some, and if on the coming days it breaks out of its resistance on $45, I'll buy some more. I believe this is a good stock to go long for a very long time.
XSW
ZScaler inside uptrend channel (Watching!)ZS has been behaving well inside the uptrend channel drawn. When we touch the upper part of the channel, we see a pullback to the lower segment line.
RSI analysis suggests, we have difficulty going above the 70 level, however, the chart remains bullish whenever the RSI has been over the 43 RSI. A break below 40 in the RSI would be short-term bearish. -----> conditional Bull
OBV has been trending upwards since the earnings gap-up we had May 29th. -----> Bull
50sma is lining up with the lower channel line, which could work as a support, and a buy entry with low risk.
Palto Alto Networks - New uptrendTechnical Analysis
We are breaking a previously tested resistance at $230.
To enter the new channel, we probably need to close above $235.
OBV is at all time highs.
RSI(10) @72, has been following setting lower lows and higher highs.
Overbought can continue to be overbought.
Check risk reward ratio in-chart.
** I would wait for a breakout to the new channel, or at least a pullback to the $230 now new support.
