Achieving Aggressive Returns with Conservative Strategies Utilizing the Latest in Technical and
Fundamental Analysis
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.
No comments:
Post a Comment