Trade Ideas for Monday - Garmin, Network Appliance, Gateway
Chart courtesy of stockchartsGRMN - Chart looks Bullish in long term even after recent losses, the uptrend continue intact, however there are some cautions that you should be aware, for example a possible breakdown of the trend at $87. Stock have found support at 20 daily moving average.
Chart courtesy of stockchartsNTAP - Bullish MACD crossover today and should support higher prices on stock in short term, it seems that it will fill the gap soon. Stock may found resistance at the top of the Gap at $28.50.
Gateway is another stock with similar picture regarding MACD Indicator. A bullish signal was now created due to the fact MACD moves from negative to positive, so the chart suggest a continuation of this new trend.
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 examples.
That's all. Enjoy your Weekend !!!
AC
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 examples.
That's all. Enjoy your Weekend !!!
AC
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Posted by
Zoli |
10:02 PM