Zebra Technologies Corp

ZBRA remains in a Stage 2 advancing regime with a clear sequence of higher highs and higher lows. After breaking above a key resistance zone, price is now pulling back into the rising 9 and 21 EMA support band with controlled volume and no signs of exhaustion. The combination of intact intermediate structure and favorable RSI suggests continuation participation on this pullback.

• ↑Q1 2026 revenue $1.5 B (+14% YoY) across retail, healthcare, logistics
• ↑Q1 free cash flow $163 M; targets ≥$900 M FCF supports buybacks
• ↓Margins pressured as memory costs rise into Q2