The Double Bottom is just one piece of the puzzle. See the full technical breakdown.
Reversal pattern after a downtrend.
Traders are watching Zscaler (ZS) as price action tightens. Price has moved to $138.56 (1.38%) amidst recent volatility. Our AI has detected a valid Double Bottom pattern. The trend indicator is reading 35.6/100, suggesting moderate momentum. A potential breakout level is identified at $172.6, targeting $217.2 with support near $150.3 (R:R 2.0).
What is your outlook on ZS?