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Mid Cap Tech Name Nearing Breakout of Bull Wedge

by | Jun 30, 2024

Zebra Technologies (ZBRA) shares of the mid cap technology name are forming a bull wedge near recent highs as it sees a bullish MACD cross also shift momentum higher and potential now to clear the range for a move back to highs near 325 with a solid first target into the 317.50 VPOC. ZBRA has been up +13% thus far in 2024 and one of those smaller to mid-cap tech names that could see money flows rotate into for Q3 with a strong looking weekly chart formed after a multiyear inverted H&S basing bottom in place.

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