Bought this play that was in Tim's watchlist for today. Bought in @ 5.03, it seemed to be holding good support at $5. It has resistance @ 5.50. Goal is to make 30-40 cents/share and lose no more than 10 cents/share. Any thoughts on this trade and anything that i could have done better? Any advice is greatly appreciated. Thank you.
Posted Oct 21, 15 4:15 PMbyjdub5607
Categories
Buy-Ins
Tickers
ZIXI
well this is an earnings winner and you got a good price if it can hold that $5 support level. I would have a tight stop loss however. The volume isn't as good as I would personally like so im staying away. This could spike again tomorrow easily since it is an earnings winner but I just don't know if the volume will be there since it reacted to earnings a day late. Trade safe!
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