ZYXI - Potential breakout signalLooking for tapering on teal (from magenta) to prove sell-side tapering and a pick up by yellow/green buying continuation
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- TraderDaddyOG
ZYXI trade ideas
ZYXI reverses from whipsaw volatility LONGXYNI is now ready to reverse long. I analyze this because ZYXI has dropped
from overvalued and overbought through the fair value zone into undervalued
territory in three trading days by viewing the anchored VWAP bands and the
volume profile, The mean VWAP and POC line are confluent at 7.25. This is the
logical first target. The MACD lines are negative 4X the amplitude of the
the negative histogram on the 2H and impending cross. The mass index is a sensitive
signal of reversal potential is about to trigger and probably has done so on
lower time frames. I will take ZYXI long with a good entry to be found on a 15-30 minute
the time frame when I get an alert that it has crossed over the hand-drawn resistance
trend line. I am expecting 8% before the first take profit target and 12% on the overall
trade over the next 5 trading days or so. A modest profit for low risk, I think.
Anyone in faraway places from the Wall Street market manipulators and FDA, this
one is for you.
WATCH $ZYXIBullish
Long term uptrend
- Needs to clear downward trendline
- Building base
- Positive FCF
- Positive Income
- Funds accumulating
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“Do not wait to strike till the iron is hot; but make it hot by striking.”
Cheers and happy trading!
ZYXIZynex Inc., can be conditionally considered one of the "second tier" securities, which are now massively rising from the bottom, and now it is in such securities that tens and hundreds of percent of growth can be expected. Here we have the 2-Bottom Base pattern, it is this pattern that will now justify the achievement of the first goal to $ 26.51 (34% growth). This target is in good agreement with the Triangle target of $ 25.58, which means we have double the reliability of the first target. On acceleration, the paper gets the second target of $ 28.71, and at this moment we have the Chalice pattern, upon breakout of which we get the third trade target - reaching the price of $ 42-43 (indicated by the turquoise arrow). The first 2 targets (green arrows) are recognized as reliable, the third target - with a low probability. This means that there is a requirement to unload half of the position upon reaching the first 2 targets.
Zynex + 10%We bounced off the support level yesterday , there was no breakdown of the level.
Long today from the specified zone.
ZYXIGlobally, if it does not hold the red level, then it will decrease to the designated level. It is better to observe the situation, how it will bounce off the green zones.
PLAN: 1. Holds the green zone, test the upper one, go in.
2. Falls on the red, buy with a stop, do not forget the possible deeper decline
$ZYXI-daily S/R flip, weekly retesting the resistanceZYXI
I would like to see daily support hold above 16.39 and making a base here, ideally i want to see higher lows being made for scaling in anticipating a breakout. When the breakout happen i'll add in the remaining of my position.
ZYNEXZynex, Inc. (NASDAQ:ZYXI) Q4 2020 Results Earnings Conference Call February 25
#My name is Thomas Sandgaard, President and CEO of Zynex. Welcome to our 2020 fourth quarter and full-year earnings call.
I'm excited to announce yet another quarter of revenue growth and positive net income. Our fourth quarter revenue of $25.6 million increased 81% compared to the same quarter last year. It was also the highest quarterly revenue in the history of the company.
It was our 18th straight quarter with positive net income and fully diluted earnings per share was $0.05. Adjusted EBITDA for the fourth quarter was $3.4 million as we continue to invest in growing our salesforce.
We continue to see good order flow as we push through obstacles related to COVID-19 pandemic. Fourth quarter orders came in 117% higher than the fourth quarter of last year, and 45% sequentially compared to Q3. For the full year, orders grew 96% compared to 2019, a solid result in the middle of a pandemic.#
The value of shares, taking into account the growth of revenue and profits, in 2021 may grow by 50-100%.
The tool makes it possible to put short stops. From the point of view of technical analysis, all Channels, Flags, Levels are processed without exception. The tool makes it possible to set a very short stop, and take 5-6%, with constant regularity. In trading / investing, it is not how much you earn that matters, but how much you don’t lose.
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ZYXI Long Opportunity, for trade setup loot at chartThe stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 27.27% during the next 3 months and, with a 90% probability hold a price between $18.62 and $27.92 at the end of this 3-month period.
ZYXI ready to flyI believe ZYXI is ready to fly.
- 3 months consolidation, consistently finding support around the $13 mark
- Broke out of negative trendline on 16th December
- Broke out of flat bottom on 6th January
- Formed a cup (duration of nearly 2 months; around 13% depth)
- Today it's completing the handle
- RSI is consistently rising since 3rd November
- Daily MACD is positive albeit a bit week
- Weekly MACD is just entering positive territory and looking very bullish
- Volume has been on the rise over the past few days
- It's quite heavily shorted, so once it pops it should deliver a strong short squeeze
On a side note, ZYXI's fundamentals are very strong, which I personally find encouraging.
Would love to hear your thoughts and critique, I'm new to trading (this is my first analysis, so be kind! ;-) and can definitely learn a lot, so any comments to help me improve are very welcome.
Thanks!
ZYXI potential breakout LONG2 month long accumulation phase
Attempting break out here now.
News has been building for this little stock. Looks like a good risk reward set up.
Seems a big player getting in positionThe price moves between support and resistance lines. It shows that a big part buying the stocks from the market. You can use 2 strategies here. First one is to wait for a big move (+60%) or just buy stocks from 13$ and sell it for 14$ (7,6%) for 4-7 days. Risk is low.
ZYXI = 30% Profit opportunityZYXI is strong at closing today. Trading in tight channel in since last week. As I mentioned in chart there is a 200 EMA solid support. Buy 1st position here and Add more position on breakout. Set SL according to your appetite.
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ZYXI crossed 50 days lineCrossed the 50 days line early in the day at high volume.
IBD rating of 99.
Keeping tighter stock than usual as this one had a significant pullback in volume, although it was because of a secondary offering.
Long @ $22.57
ZYNEX $ZYXIUn confirmed Head and and Shoulders on 2 hourly chart. $16.98 is the support at 50SMA (The blue one)
$ZYXI can rise in the next daysContextual immersion trading strategy idea.
Zynex, Inc., through its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain; and activate and exercise muscles for rehabilitative purposes with electrical stimulation.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $18,34;
stop-loss — $16,50.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Zynex Inc Bullish Setup $zyxi
MACD bullish cross
Histogram ticking higher
all moving averages as support
Perfect channel in play
