Learn to Evaluate (GRMN) using the Charts

January 15, 2025, 12:36 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for GRMN

• Buy GRMN near 209.28 target 224.39 stop loss @ 208.68 Details

The technical summary data tells us to buy GRMN near 209.28 with an upside target of 224.39. This data also tells us to set a stop loss @ 208.68 to protect against excessive loss in case the stock begins to move against the trade. 209.28 is the first level of support below 214.09 , and by rule, any test of support is a buy signal. In this case, support 209.28 is being tested, a buy signal would exist.

• Short GRMN slightly under 224.39, target 209.28, stop loss @ 225.04 Details

The technical summary data is suggesting a short of GRMN as it gets near 224.39 with a downside target of 209.28. We should have a stop loss in place at 225.04though. 224.39 is the first level of resistance above 214.09, and by rule, any test of resistance is a short signal. In this case, if resistance 224.39 is being tested, a short signal would exist.

Swing Trading Plans for GRMN

• Buy GRMN slightly over 224.39, target n/a, Stop Loss @ 223.74 Details

If 224.39 begins to break higher, the technical summary data tells us to buy GRMN just slightly over 224.39, with an upside target of n/a. The data also tells us to set a stop loss @ 223.74 in case the stock turns against the trade. 224.39 is the first level of resistance above 214.09, and by rule, any break above resistance is a buy signal. In this case, 224.39, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short GRMN slightly near 224.39, target 212.46, Stop Loss @ 225.04. Details

The technical summary data is suggesting a short of GRMN if it tests 224.39 with a downside target of 212.46. We should have a stop loss in place at 225.04 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 224.39, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for GRMN

• Buy GRMN slightly over 224.39, target n/a, Stop Loss @ 223.87 Details

If 224.39 begins to break higher, the technical summary data tells us to buy GRMN just slightly over 224.39, with an upside target of n/a. The data also tells us to set a stop loss @ 223.87 in case the stock turns against the trade. 224.39 is the first level of resistance above 214.09, and by rule, any break above resistance is a buy signal. In this case, 224.39, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short GRMN slightly near 224.39, target 212.46, Stop Loss @ 224.91. Details

The technical summary data is suggesting a short of GRMN if it tests 224.39 with a downside target of 212.46. We should have a stop loss in place at 224.91 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 224.39, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Garmin Ltd. (switzerland) (GRMN) available here: GRMN.

GRMN Ratings for January 15:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	194.19
P2	207.87	208.02	209.28
P3	211.79	212.46	224.39

AI Generated Signals for GRMN

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Garmin Ltd. (switzerland) (NASDAQ: GRMN) report below can help you understand how to do this. The trading plans for GRMN, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.