On my watchlist as a reversal candidate.There have been four analysts price upgrades this morning so I'm watching for trend reversal
signals in the coming days. Could make for a nice play long.
I hope the Bollinger Band goes into a consolidation pattern for price to stabilize and then break to the upside. I put colored arrows on the chart to illustrate.
I'll update here when I see something interesting.
0ACG trade ideas
Zebra Technologies (ZBRA) AnalysisCompany Overview: Zebra Technologies NASDAQ:ZBRA is making significant strides in AI integration within its enterprise asset intelligence and data capture services. The company is positioning itself as a leader in AI-driven innovation, with broad applications across multiple sectors. CEO Bill Burns has emphasized the strong rebound in enterprise mobile computing, reflecting sustained demand for Zebra’s innovative solutions.
Key Catalysts:
AI Integration: The use of AI in enterprise solutions is key to Zebra’s growth strategy. By enhancing its asset intelligence and data capture services, Zebra is positioned to lead in industries such as logistics, retail, and healthcare. AI can drive operational efficiency and improve decision-making for its clients, increasing demand for its advanced technologies.
Strong Enterprise Demand: The rebound in enterprise mobile computing across verticals signals long-term demand for Zebra's mobile and automation solutions, further solidifying its market leadership.
Productivity and Cost Savings Plan: Zebra’s 2024 Productivity Plan and Voluntary Retirement Plan aim to achieve $120 million in annualized savings, which should lead to improved profitability. These cost-saving measures could enhance both gross margins and operational efficiency, providing additional capital for strategic investments in technology.
Investment Outlook: Bullish Outlook: We are bullish on ZBRA above $340.00-$345.00, with the integration of AI in its services, coupled with cost-saving initiatives, positioning the company for sustained growth. Upside Potential: Our upside target is $500.00-$510.00, driven by increased AI adoption, strong demand in mobile computing, and the financial benefits from its productivity and cost-reduction efforts.
🚀 ZBRA—Leading the Future with AI and Enterprise Intelligence. #AIInnovation #MobileComputing #CostEfficiency
ZBRA - Recurring Pattern Green leading to Red top repeating
The initial red top is in the same position of the second green bottom, this is what the horizontal lines are used for
This pattern could continue, but for now we are just focused on the bearish wave currently being experienced from the red top
Almost like a Zebra pattern (green and red though instead of white and black)
Bear FlagZBRA is quite a bit off the high of 615 with the low of the impulse wave up being 150.06. Long impulse wave for sure.
A channel up type of structure formed after a significant move to the downside, also known as a bear flag. This pattern is a neutral one and price can break to the upside. Price has broken to the downside.
There are different ways of calculating targets for a flag, but most use the length of the pole to guesstimate targets.
Small gap down which may fill. Plenty of resistance overhead.
Price was in a small horizontal trading channel at it's top and the 20 simple moving average crossed down through the 50 inside of the rectangle top. Some would have seen this as a solid sell signal if they wanted to get out at the top.
Price is close to falling out of the Bollinger bands set on an 80 DMA. This can also be an oversold signal. Sometimes a fall below the bands can cause a small pop to the upside, and sometimes even up to the middle band in favorable market conditions. The bands follow price.
No recommendation.
Possible Target 1 in larger orange type below price. T2 is in smaller type if T1 is passed and so on.
Possible AB=CD structure forming.
ZBRA Short-Term LongWe just finished 1-5 Elliot wave and waiting to complete ABC correction we forecast that finish of ABC correction will be around 356 zone, since there is a strong demand zone and we can see institutional candle in a lower time frames.
Entry: 356
Invalidation: 330
Target: 470
Ratio: 4.38