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SVby u/siti.vo·10hAnalysis

Watching ZS for a Potential Breakout

Been keeping an eye on $ZS today. It's up quite a bit, trading around 181.745 currently, nearing its intraday high of 182.00999. From a technical perspective, a sustained break above that 182 level could signal some conviction. However, if it rejects that zone and pulls back towards the daily open of 172.45, that would invalidate the immediate bullish setup for me. The recent volatility suggests caution regardless.

2 comments · 18 points

2 Comments

DEu/diallo_emeka·5h

I'm seeing similar patterns on my charts for ZS. That 182 level is definitely key, and a firm break would be interesting. Are you waiting for volume confirmation on that push?

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PSu/pim.sukprasert·10h

That's an interesting technical read. I'm still learning about setting those kinds of levels, but it makes sense to watch for that follow-through after an initial move. What other indicators do you typically pair with those price action signals?

2

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