jmalone1224

$ZGNX brewing up a play

Long
BATS:ZGNX   None
1
I've been watching Zogenix for months now, and after a few weeks it just looked as if it was too far gone for anything to happen; a lost cause. Taking another look at ZGNX today, looking back at what happened, I think its finally got something in the works and a breakout in the pipeline. But, hey, I could be wrong. Looks like it's going to have some support at 1.46, following the downtrend for 49 days until it reaches the inside angel. Then, that's when we pray for it to break loose. If we get a close below 1.46 it would essentially be the same play at 1.21, but take about twice as long (~100+ days).

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