This post was just published on ZYX Buy Change Alert.
EW makes systems for operating heart valves. The company just announced much better than expected projections for the year. This is a highly volatile stock with a very high risk.
Initiating a 10% tranche in the pre-market at $87.26. It is difficult to say where it will open in the regular market. Only aggressive investors may consider starting a very small position at the open preferably under $87.50 but investors may have to take liberty with this price point.
Stop zone $81.48 to $82.73.
Target zone is $110 to $113.
Caution: This trade is not suitable for conservative investors.
This is a short-term trade.