$ZS - RC -
Added 2023-03-06 11:28:04 +0000 UTCChannel break out and after having a good earnings, this dropped 11% on Friday, disappointing for holders but the drop brought it all the way down to the 0.618 Fib, so I wouldn't be too concerned right now, this could just be completing Wave 2. Needs to hold now and start moving back up, first to hold above the 50 Day MA (in blue) and then above the 200 Day (in yellow) and Wave 3 in green is possible.
Failure to stop this momentum from Friday could see this move down for Wave B in amber. My main concern here is the FWD PE at 61 which is quite high.
Comments
any updates on this one?
mesainvestor
2023-04-21 12:35:39 +0000 UTC
