ZIMMER HOLDINGS
(ZMH-NYSE):
Technical Viewpoint: From a low
of $36.00 on Nov 22, 2002 prices
rallied, reaching a
high of $42.09
on Dec 31, 2002. A
decline saw prices pull back, reaching a
low of
$38.02 on Jan 17, 2003.
Another rally saw prices penetrate
resistance, closing 2/25/03
at $44.90. 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 $42.50. Resistance: Is at $40.50.
Point & Figure: Reversed to the upside on Feb 20, 2003. A P&F upside
reversal takes place at $43.00. Summary: Technical indicators have turned bullish. BUY! ZIMMER HOLDINGS
(ZMH-NYSE) @ $45.13 Stop: Use a protective stop of $23.13.
ZIMMER HOLDINGS is currently trading @ $44.90 plus $1.23 on Feb 25, 2003. Price Objective:
$54.00. Risk/Reward: $2.00 VS. $8.88. Today's Risk Reward Ratio: 4:1
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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. $8.88
Risk/Reward Ratio:
4:1
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