Gap:Bargain buy despite gapping down!Gap
Short Term - We look to Buy at 8.08 (stop at 5.20)
This stock has recently been in the news headlines. They reported an earnings surprise miss. We are trading at oversold extremes. A move lower faces tough support and we remain cautious on downside potential. Dip buying offers good risk/reward.
Our profit targets will be 15.00 and 17.50
Resistance: 15.00 / 17.50 / 25.00
Support: 7.50 / 5.26 / 2.50
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