ZS gapped down on earnings and filling the gap now.
Technically it can complete the Corrective ABC wave here and base above 180-200 .
If the broader market turns bearish, the Corrective ABC wave can turn into bearish Impulsive wave.
Long between 180-200
Stop loss 170
Target#1 - 260
Target#2 - 320, after a pullback
Target #3 - 380, after a pullback
Technically it can complete the Corrective ABC wave here and base above 180-200 .
If the broader market turns bearish, the Corrective ABC wave can turn into bearish Impulsive wave.
Long between 180-200
Stop loss 170
Target#1 - 260
Target#2 - 320, after a pullback
Target #3 - 380, after a pullback
Commentaire:
Earnings are good, This dip after the earning getting us close to the long entry zone.
