$ZS - WATCHLIST -
Added 2024-11-29 11:19:54 +0000 UTC$ZS will complete a golden cross today, where the 50 Day MA moves up through the 200 Day MA, which is typically a bullish indication of a trend.
We can see that the price consolidated very well above the 0.5 - 0.618 Fib levels and have now bounced in this Wave 3.
Higher highs and higher lows are observed and this is also part of a larger Cup and Handle formation.
Next test could be the Feb high at $260.
Comments
Earnings are Monday 12/2
Derek Bealby
2024-11-29 14:18:35 +0000 UTC
