$ZBH - Zimmer Biomet HoldingsAlthough 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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