ZS - Base and race
Updated
ZS gapped down on earnings and filling the gap now.
Technically it can complete the Corrective ABC wave here and base above 180-200 .
If the broader market turns bearish, the Corrective ABC wave can turn into bearish Impulsive wave.
Long between 180-200
Stop loss 170
Target#1 - 260
Target#2 - 320, after a pullback
Target #3 - 380, after a pullback
Technically it can complete the Corrective ABC wave here and base above 180-200 .
If the broader market turns bearish, the Corrective ABC wave can turn into bearish Impulsive wave.
Long between 180-200
Stop loss 170
Target#1 - 260
Target#2 - 320, after a pullback
Target #3 - 380, after a pullback
Comment
Earnings are good, This dip after the earning getting us close to the long entry zone. Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.