Zscaler Inc. (ZS) beat Wall Street's fourth-quarter earnings forecast but sees slower revenue growth over the coming year. Let's check out the position of the charts and indicators of the cloud security stock to see if this makes Zscaler's stock price vulnerable to a deep decline.
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Here are two stocks I'm playing as yield rises appear to be weighing down a rally.
These names, which have raised their payouts for over 50 straight years, have dividends that are well-covered even during a recession.
And in light of the market's volatility it may not be a bad time to use rallies to trim existing positions, as I recently did with Carvana.
The apparel maker's shares possibly could bounce once it reports its results, but without much basing action any rally likely won't be sustained.