ZS eyes on $ 175.xx: key resistance that could mark the "Bottom"

24 thg 9, 2024

ZS bounced from the major/critical support.
Now testing first seriou and proven resistance.
Break and Retest could mark+seal the bottom.

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2 thg 10, 2024

Ghi chú

REJECTION it was

(yellow shaded area represents tine since post)

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Zoom IN (m15)

Perfect "Ping" (exact ricochet off fib that you can almost HEAR)

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PUtting a fib on the rejection (blue stripes)

IF rejection confirms, we can guess target of 159.xx)

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13 thg 10, 2024

Giao dịch đang hoạt động

BOOM !

(yellow shaded part is since posting time).

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Zoom IN (m15)

After several rejections, the same fib launched us.

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Zoom in MORE (m5), and adding fib of last push:

Gives us clear levels of interest from here.
Given the big move, we might get a dip here.
Good time to move SL to just under a support.

$ 197.18 - 194.79 is immediate support.
$ 198.63 will be the immediate resistance.
$ 187.57 - 188.54 is the key support below.

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20 thg 10, 2024

Giao dịch đang hoạt động

Key Support hit (from last update above)

Good spot to add, or to shield SL just below.
Currenly Sunday before marked optn
Let's see what Monday brings to Zscaler

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