Zscalers stock price (ZS) rose in the intraday levels, amid the dominance of the downward correctional trend in the short term, while hurt by piercing the upward medium-term trend line previously, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.

Therefore we expect the stock to return lower, targeting the support of $153.00, provided it settles below the resistance of $177.70.

Trend forecast: Likely Bearish