Predicting ZS close above 180 by end of next week
Alright folks, casting my hat into the Polymarket ring for a bit of a laugh, and a serious look, at $ZS. Current price is floating around $176.76, having had a decent little pop today after that dip yesterday. The intraday range has been $172.45–$178.34, showing there's some volatility but a clear upward bias today.
My take for a Polymarket event: will ZS close above $180 by end-of-day next Friday, March 8th? I'm leaning towards yes, but with a healthy dose of caution. I'd put the odds around 60%. My reasoning is that the broader market sentiment, while not euphoric, is still largely constructive. We're seeing some rotation into growth names, and Zscaler is a leader in a critical cybersecurity space. The stock has shown resilience around the $170-172 support area. A break above $180 would suggest a push towards its previous highs, and given the current momentum and the general market's appetite for tech on any slight dip, I think there's a good chance it gets there. The caveat, of course, is any unexpected macro news or a sector-wide correction, which could easily derail things. But strictly looking at the technicals and the current flow, $180 feels attainable within a week's time. Don't bet the farm, but it's an interesting level to watch.