Zynex Inc. (ZYXI)

[UFO]

Heeeerrrreee's Johnny!

I was wondering when the Market Makers were gonna find the 1st wave sellers and walk this thing down. Time for a retracement. The Fibonacci numbers are 38.2% at $.66 and 50% at $.59. If this was a really shallow affair, it looks like $.76 is a 23.6% pullback. We'll find out if the run since May 11th was for real or not. Based on the that duration and the internal strength, especially since mid-June, my bet is max pullback 38.2% range. Say...$.62. That would actually be very healthy for a continued move higher. The MMs have a LOT of shorts to cover. They've been naked shorting this thing for weeks.

UFO