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Garmin

Long $GRMN - GARMIN. GRMN.NAS Long GRMN.NAS- @ best price available below 160. Currently trades @ 155 TA Highlights - RSI @ 24 and turning upwards. (add more on break of 30) - Bounce of 200 DMA - Bounce off lower Bollinger bands( on the 3 previous occasions this occurred in 2020, the stock went on to return 8.8% in the next 20 days. FA Highlights - CAPEX increased from 185m (2020) to 385 (2021) and managed to hold a steady cash flow. Should pay off in 2022 - R&D expense increase from 605M (2020) to 705M (2021) $705M. Should pay back with new to market products in 2022. Sector Highlights: - Garmin has 'moat' on marine and aviation GPS systems. - Aviation: revenue expected to normalize back to 2019 levels in Q1 and through 2022. - Fitness: European market for wearables increased 28.5% yoy through Q1 2021. Garmin fitness revenues increased by 31.5% suggesting increasing market share.
GLong
by JAM_ON_MARKETS
GARMIN upcoming RALLY? How to do ANALYSIS $$$Hi traders, today we have Monday, the first trading day of a week. I went through almost 1000 markets over the weekend and picked one market, which is in my WATCHLIST for the upcoming week ( in total there are almost 100 markets ). Why did I choose GARMIN ( NASDAQ:GRMN )? The answer is simple - we have plenty of educational material there : - Volume profile - Gap analysis - Low volume area - Trend-line - Finished business (Nobody wanted to TRADE LOWER prices) Enjoy the video and prepare your WATCHLIST! Good trading, Jakub FINEIGHT
GLong
by Fineight