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/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
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/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.