$ZS - WATCHLIST -
Added 2024-05-31 10:54:49 +0000 UTC$ZS reported earnings yesterday after the close and it was an impressive report and up +17% in the PM now.
This is a stock we were watching but was really struggling leading up to earnings and lose all important levels and infringed upon Wave 1, meaning the pull back was likely an ABC correction.
Which did end at the 0.618 Fib, telling us that this pull back was Wave 2.
So I have added in Wave 3, 4 and 5 now.
Fundamentals remain strong here too and if the price action can flip the 200 Day MA to support at $188, I believe Wave 3 level is the next target which is an impressive target above at $434 over the next 12 months.
