- 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.