GARMIN LTD (GRMN-Nasdaq): Technical Viewpoint: From a low of $48.11 on Nov 11, 2003 prices rallied, reaching a high of $57.84 on Dec 1, 2003. A decline saw prices pull back, reaching a low of $50.00 on Nov 10, 2003. Another rally saw prices penetrate resistance, closing 1/6/04 at $57.67. Technicals: MACD Index (MACD): A Buy Alert! was given on Jan 6, 2004 when the solid line crossed the dotted line to the upside. Support: Remains at $54.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Nov 19, 2004. A P&F upside reversal takes place at $55.00. Summary: Technical indicators have turned bullish. BUY! GARMIN LTD (GRMN-Nasdaq) @ $58.75 Stop: Use a protective stop of $56.25. GARMIN LTD is currently trading @ $57.67 plus $2.98 on Jan 6, 2004. Price Objective: $69.50. Risk/Reward: $2.50 VS. $10.75. Today's Risk Reward Ratio: 4:1