Gigamedia shares Breakout
Wednesday, May 09, 2007
Gigamedia shares were up today more than 2.55% closing at 15.70$. GIGM stock breakout today the ascending triangle formation. The technical chart show that stock breakout today an important resistance at 15.41$ , it's seems to me that the way is Up for this baby again. MACD gained momentum again K line crossover D. Stock is in a Bullish Market with share price above 20,50,200 daily moving average.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: GIGM
