$NYSE:GRMN Rebound After a Healthy Pullback
Updated
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.
Trade active
Bought some at 173.640929Comment
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
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