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Alert set for $11.40
Possible upside target $13.00 to fibonacci resistance
Look for volume spike to help confirm Inverse H&S breakout
Very high short interest @ 24.5%
Zynex, Inc. engages in the design, manufacture, and marketing of medical devices. It sells electrotherapy medical devices used for pain management and rehabilitation. The company...
After a huge run up in 2019, ZYXI has been consolidating since October. The price action has gotten really tight lately and looks to be in the process of breaking the downtrend. I initiated a starter position earlier today and will add if we see continuation later this week.
Zynex operates through the Electrotherapy and Pain Management Products segment. The company conducts its business through its subsidiaries and the operating subsidiary is Zynex Medical, Inc. - ZMI. Its other subsidiaries include Zynex Monitoring Solutions, Inc. - ZMS and Zynex Europe, ApS - ZEU. ZMI designs, manufactures and markets medical devices that treat...