$ZS continues to behave strong after testing its 0.618 Fib twice at $151
Price is back up to its 200 Day MA and there is a small battle going on now to convert this level to support.
Bulls need the price to stay above $200 and confirm this higher level as a support level.
Impulse wave is very much valid here and the 1.618 Fib is at $435 for Wave 3....but $200 needs to be converted to support first to get back into the Bull Case.
Chris
2024-09-04 11:33:20 +0000 UTCSpryseer
2024-09-03 13:51:07 +0000 UTC