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Zimmer Biomet Holdings, Inc. Message Board

  • fimtinnegan fimtinnegan Jul 18, 2008 10:18 PM Flag

    repeat: broke 50 DMA and MACD is now positive

    To repeat: as I predicted earlier this week in another post, ZMH broke through its 50 DMA and the MACD is now positive.

    With even a modest earnings report, the momentum is moving toward 80. (If the report is bad, the charts won't help.) The Street is rotating into medical stocks, and ZMH will benefit if earnings are OK. 85 is a reasonable bet by year's end.

120.23+0.80(+0.67%)12:44 PMEDT