Stock Chart Analysis TZIX
The TriZetto Group, Inc. (Public, NASDAQ:TZIX)
TZIX is an interesting chart I came across tonight. It has cleared the pullback trading range and has begun setting higher highs and lows. This is all occurring at an important price level on the weekly chart which could provide a very solid base for a future move higher. Todays volume was also pretty interesting. One thing that would have me worried about putting on a longer term trade here though is that earnings are coming up pretty soon (7/27). It could go on an earnings run though, and provide a decent trade.
Good Trading,
Joey
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the ceo of trizetto is a loose cannon, whenever he speaks at a conference the whole room rolls their eyes, be careful