$ZBH - Zimmer Biomet Holdings

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Although Higher Time Frames have painted an altered Head and Shoulders Top. Yet the Support Baseline is holding firm.

The Right Side of Head has printed a Decending Triangle. And yet again the Support Band has held firm.

Currently the price is consolidating between a Decending Channel.

Movements fluctuations due to Earnings and Dividends.

A Bullish Three Drives Pattern has emerged. But expectations of further accumulation lay evident.

Price is ranging between a Strong Volume Zones. Volume Profile PoC at $105 per Share.

Pathway projection drawn, reflecting a Bullish breakout of the consolidation zone. To test the long-term Decending Trendline (Red).

There is a CME Gap (Blue Rectangle) above the Red Resistance Trendline that the Bulls should be aiming to Fill.


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