Top picks for Wednesday - Garmin, NUAN and REGN
Chart courtesy of stockchartsGRMN - Garmin shares are still moving in a strong Upside momentum. Stock rose nearly 5% , closing at $102.50, just a few dollars of the historic highs $105.75. The stock is current on a strong bull market with MACD above 0 and both 50 day and 200 day moving average moving up. Technically speaking and based on the indications of chart above, Garmin shares should continue to move up for long term. Don’t be surprised if the stock hits new highs tomorrow.
NUAN - Another breakout stock !!! Nuance Communicatoins shares have broken $19 today, the major resistance in stock. The technical chart above show that the stock is now in a rally after breakout today a key resistance level of $19. Overall technical picture show stock still in Bull market trading above 50 day and 200 day moving average.
REGN - Keep an eye on REGN for a possible breakout over $19.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.
That's All. Have a great evening !!!
AC
GRMN has shown great relative strength for the past several months. The company is in a tremendous growth stage, and the stock should continue higher. Great stock.
Aaron
GrowYourFunds.com
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