Monday, February 25, 2008

Technical Watch: Zimmer Holdings (ZMH)

Zimmer Holdings is another one of our stocks that recently beat earnings estimates AND guided higher.

Now, take a look at the chart. The stock is setting up a nice cup and handle formation. The heavy resistance is in the $79 area. The stock closed up 1.94 today to $77.91. Another day like today might do it.

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