$ZS continues to consolidate above the 0.618 Fib at $151 for over 12 months now but the price is also above the 50 and 200 Weekly MA and has comfortably held above this confluence level at $191 over the last 2 months in spite of a lot of volatility.
I believe if the market can continue its relief bounce then this can move higher to to the blue line next at $259.
$ZS has not been following the market over the last 3 years, so we are not surprised to see it hold relatively well.
Impulse count has not changed either.
Brian
2025-04-25 13:34:56 +0000 UTC