Replies to post #7254 on Zynex Inc. (ZYXI)

[UFO]

You know what's really troubling me penn about this Zynex chart? Since the stock had its major move up this year, it only left 1 gap on the chart. Back on 5/2 the stock had a big move higher off of a $6.10 high the day before. On 5/6 the low of the day was $6.11, meaning there's still a 1 cent gap below. Stocks HATE gaps. It's been said that ultimately all gaps get filled. They have an almost magnetic draw on share price. I don't feel strongly enough about this to make a prediction right now, but it's certainly worth keeping your eyes on it. That much of a move lower would take many ZYXI longs out of their profit position.

UFO

[rado]

I think that is likely the perspective that is driving the stock this low.