⬤ Zeta Global (ZETA) surged 16% from $19.20 after bullish stochastic indicators triggered a buy signal. The stock hit the same triangle pattern that previously drove a massive +65% rally from $12.50 to $22, suggesting another major move could be brewing.
⬤ The stock now sits at $22.29, with traders watching closely for either a breakout or sell signals. The 16% gain mirrors the technical setup from the last rally, and many expect continued momentum unless resistance around $22 holds firm.
⬤ Zeta's chart shows a clear uptrend with rising volume supporting the price action. While $22 has been a sticking point before, the combination of bullish indicators and strong buying pressure suggests a potential breakout. If momentum holds, the stock could test new highs.
⬤ Traders are watching Zeta closely as a push past $22 resistance could unlock significant gains. A breakout could send the stock toward $30 or higher, with ripple effects across the tech and growth sectors.
Alex Dudov
Alex Dudov