Garmin Ltd (GRMN) : Ichimoku Bearish Signal

Garmin reported earnings and miss the estimate of 0.415 vs reported of 0.38

On the Ichimoku chart, we have a few indicators aligned for a bearish trade.

1. Bearish Tenkan sen – Kijun sen cross

2.Gap down on earnings

3. Break below kumo support

I will be looking for a Vertical Credit Call for this.

By iam802

Trend trading with Ichimoku