Zscaler (ZS) Just Reclaimed the 200-Day Moving Average

The 200-day simple moving average is a useful tool for traders and analysts, establishing market trends for stocks, commodities, indexes, and other financial instruments over the long term. The marker moves higher or lower along with longer-term price moves, and serves as a support or resistance level. The bullish case only gets stronger once investors take into account ZS's positive earnings estimate revisions. There have been 13 higher compared to none lower for the current fiscal year, and the consensus ...