$ZS has just one job now and that is to stay above its 200 Day MA at $193, after successfully holding at its Wave 2 support level at the standard 0.618 Fib at $151.
Staying above the 200 Day MA and this can start to move higher to the next test, which is the previous high at $260, then the blue line at $376, this will likely not happen over a short period of time, the horizon can take up to 12 months.
Ramesh Ayyagari
2024-07-02 04:45:47 +0000 UTC