ZIX CORPORATION - NASDAQ: $ZIXI Gap Filled
After breaking-out last month (May) on meaningful volume, ZIX CORPORATION - NASDAQ:ZIXI has found itself in pull-back mode on lower volume and in the process has now filled the gap and appears to be settling-in after the powerful move higher a month ago as evidenced in the Daily chart above.
While ZIXI now finds itself trading pinched between its 20 and 50 DMA's and comfortably above its 200 DMA, there remains a bit of indecision from a short-term perspective while the stock attempts to find its footing at present levels.
When one extends out to the Weekly time-frame we can see that ZIXI remains in fine technical shape and may just be located at a favorable risk/reward level from which to begin its next advance.
Thus, both investors/traders may want to continue to monitor the action closely in the days/weeks ahead for signals/clues that ZIXI is about to turn the tide.
While ZIXI now finds itself trading pinched between its 20 and 50 DMA's and comfortably above its 200 DMA, there remains a bit of indecision from a short-term perspective while the stock attempts to find its footing at present levels.
When one extends out to the Weekly time-frame we can see that ZIXI remains in fine technical shape and may just be located at a favorable risk/reward level from which to begin its next advance.
Thus, both investors/traders may want to continue to monitor the action closely in the days/weeks ahead for signals/clues that ZIXI is about to turn the tide.
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We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
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To receive our alerts via email and SMS, join Insider Financial for Free at insiderfinancial.com/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.