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Zscaler Inc., Elliott Wave Technical Analysis

Zscaler Inc., (Nasdaq: ZS): Daily Chart, 31 August 2023

HON Stock Market Analysis: We have been looking for upside resumption for a while, as this sideways consolidation seems to be corrective in nature. As longs as we do not break the current low at 136.1$ we could see further upside.  

ZS Elliott Wave Count: Wave {c} of A.  

ZS Technical Indicators: 20EMA as support.

ZS Trading Strategy: Looking for longs into wave {c}.  

Analyst: Alessio Barretta

Zscaler Inc., ZS: 4-hour Chart 31 August 2023

Zscaler Inc., Elliott Wave Technical Analysis
ZS Stock Market Analysis: On the lower picture it looks like we could be due at least one more leg to the upside into either a wave iii or c. That could represent a very short term trade setup, as there is also support on the averages.  

ZS Elliott Wave count: Wave (i) of {c}.

ZS Technical Indicators: Above all averages.  

ZS Trading Strategy: Looking for short term longs into wave iii or c.​​

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