BUY! GARMIN LTD (GRMN) Nasdaq

  Report No. 1730    Analysis by: Harry Aloof     MARCH 26, 2003

GARMIN LTD (GRMN-Nasdaq): Technical Viewpoint: From a low of $28.46 on Feb 10, 2003 prices rallied, reaching a high of $34.12 on Feb 19, 2003. A decline saw prices pull back, reaching a low of $31.20 on Mar 10, 2003. Another rally saw prices penetrate resistance, closing 3/25/03 at $36.89. Technicals: MACD Index (MACD): A Buy Alert! was given on Mar 18, 2003 when the solid line crossed the dotted line to the upside. Support: Remains at $34.25. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 25, 2003. A P&F upside reversal takes place at $35.50. Summary: Technical indicators have turned bullish. BUY! GARMIN LTD (GRMN-Nasdaq) @ $37.25 Stop: Use a protective stop of $35.25. GARMIN LTD is currently trading @ $36.89 plus $2.44 on Mar 25, 2003. Price Objective: $47.00. Risk/Reward: $2.00 VS. $9.75. Today's Risk Reward Ratio: 5:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$47.00 Risk/Reward:
$2.00 VS. $9.75 Risk/Reward Ratio:
5:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com