Monday, March 17, 2008

GMTN - Keep it on your Radar

We continue to monitor Gander Mountain for a move back above its long term trend line, which on the second thrust should send the stock sharply higher.

We have out Limit Orders in to Buy at $5, which is about 3/8 above the break out point.
As the trend line moves lower and if the stock still has yet to make its move, we will adjust that limit price to stay 3/8 above the trend line.

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