Categories
Tech

Garmin (GRMN) : Bullish Gap Up

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 drop last year.