ZS (Zscaler) belongs to the technology sector
The company went public two years ago and slightly having side way action.
Yet, recently received a strong buying recommendation which led to an increasing movement in the last month.
RSI currently doesn't point on overbought.
if Zscaler will continue to rise, it will be interesting in breaking the 48 level
also,...
Here ZS MACD fast line crosses over the slow line (at around 0 level). Also prices closes above 13-day EMA. New uptrend starting. Price now above 52-week high, no resistance. I'll let this one ride with a trailing stop.
