Garmin Ltd.
Long
Updated

$NYSE:GRMN Rebound After a Healthy Pullback

80
GRMN is setting up nicely after a pullback with heavy volume, the price action can be seen as a confirmation for an up trend.

The pullback happened after an analyst downgrade, but looking into the company financial health and future perspective, it rebounded quickly!

This can be a good opportunity for a long position.

snapshot
Trade active
Bought some at 173.640929
Note
Up almost 20% today after EPS and revenue beats.
Awesome products with bright outlook, I personally own some of their product.
Trade is still open.
Trade closed: stop reached
I still think this is a good company to own

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.