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ZIMMER HOLDINGS
(ZMH-NYSE):
Technical Viewpoint: From a low
of $36.56 on Dec 2, 2002 prices
rallied, reaching a
high of $42.09
on Dec 31, 2003. A
decline saw prices pull back, reaching a
low of
$38.22 on Jan 27, 2003.
Another rally saw prices penetrate
resistance, closing 2/20/03
at $43.01. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 30, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $41.38. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 18, 2003. A P&F upside
reversal takes place at $41.50. Summary: Technical indicators have turned bullish. BUY! ZIMMER HOLDINGS
(ZMH-NYSE) @ $43.25 Stop: Use a protective stop of $41.25.
ZIMMER HOLDINGS is currently trading @ $43.01 plus $1.02 on Feb 20, 2003. Price Objective:
$54.00. Risk/Reward: $2.00 VS. $10.75. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$54.00
Risk/Reward:
$2.00 VS. $10.75
Risk/Reward Ratio:
5:1
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