The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Expanding volatility. Sign of instability.
Market participants tracking Zscaler should note the latest formation. Price has moved to $169.64 (-2.76%) amidst recent volatility. Our AI has detected a valid Rounding Bottom pattern. Volume is average (0.44x avg) with moderate trend strength (48.9). A potential breakout level is identified at $182.97, targeting $251.32 with support near $148.8 (R:R 2.0).
What is your outlook on ZS?