Tag GRMN

Entries 2 Total

Garmin (GRMN) : Bullish Gap Up

Jan 11, ’10 4:59 PM

Garmin has a bullish gap up last Friday.
With the gap up, GRMN is now above the kumo with the Chikou Span (highlighted in yellow) having pierce through the resistance levels.
On top of that, both the Tenkan sen and Kijun sen is now pointing upwards; a possible indication of a new bullish trend after its dismal [...]

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Garmin (GRMN) : Bearish ….

Nov 4, ’09 11:29 PM

Garmin has very bearish chart today.
Like the broader market, Garmin rallies on market open but quickly reverse as its results was released.
From $30 to $33, it quickly lose ground and is now back at $30 (before the day ends).
From a technical analysis standpoint, this is  a very bearish chart.
1. Candlestick shows Bearish engulment
2. Ichimoku shows [...]

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