Med Tech Equipment Name Building Bull Flag Inside Value Area
Zimmer Biomet (ZBH) shares coiled inside monthly value with earnings Friday morning 2/3 so could see a breakout above this small bull flag above 127 and move to 130 ahead of earnings or watch for a clearing after the report that is implying a move of 5 points for the week. ZBH has room to 132 where there is an open gap to fill from last April. A close back under 123.50 would be a good stop.