Jun. 9 at 11:32 AM
New trade setup.
$ZS
is on spBuy signal and will be added at the Open today.
We had a previous special entry for ZS in January, which was closed at a loss. That's when the stock still traded above
$200. We can now pick it back up at
$130. That's what cutting losses quick and being patient can do. It doesn't guarantee the next trade will be a winner, but waiting on the sidelines during bear markets and getting back in at (much) lower price is a winning strategy in the long run. Just don't try it with struggling companies or dying sectors.
In our trading journal we closed out MCHP at a 27% profit and we will also close out INGM today.
Follow along: https://blog.reversallevels.com/2026/06/trading-journal-june-9-2026.html