GRMN - Bullish MACD crossover
Thursday, September 06, 2007
Shares of Garmin made a new 52 week high at $108.78 during regular today session but closing the day with a gain of 1% to $107.27. According to chart above it looks that Bullish MACD crossover is in progress, which is a great indicator for Bulls enter in the stock again to make new highs. Overall indicators in the chart are showing an impressive strong performance given the idea that more gains will come soon. So, keep an eye on GRMN because it's now in a strong momentum.
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 example.
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 example.
