MASSIVELY oberbought into a major retracement neededAll the indicators can start moving sideways, but not every indicator, as has been proven before mt stance isn't entirely pursuing a bearish trend or new price action, but all the same, it needs to cool off.Shortby themoneyman800
$NYSE:GRMN Rebound After a Healthy PullbackNYSE:GRMN is setting up nicely after a pullback with heavy volume, the price action can be seen as a confirmation for an up trend. The pullback happened after an analyst downgrade, but looking into the company financial health and future perspective, it rebounded quickly! This can be a good opportunity for a long position. Longby David_874Updated 0
Garmin Short (Bearish Divergence)Short here on Garmin - very bearish RSI divergence.Shortby ZenDegen1
Garmin (GRMN) Stock Price & AnalysisWithin a 100K Account Balance the split on Trade & Risk Management = 1/10% - 1/20% margin as an Execution Range, to set up an Order Entry and select a per Trade on Average, to avoid any drawdown hit regarding to Stop Loss & to execute Risk on Management Specifics. Trail Stop efforts are a Focus of Attention to the set up in general when Volatile-Price-Action is involved, mainly because of the usage of an Intraday-Scalp-Position tool on behalf on the Trade Plan in general Key indicators on Trade Set Up in general 1. Push Set Up 2. Range Set Up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session Garmin Financial Overview Garmin's market cap is currently $32.61B. The company's EPS TTM is $7.146; its P/E ratio is 23.59; and it has a dividend yield of 1.76%. Garmin is scheduled to report earnings on October 30, 2024, and the estimated EPS forecast is $1.43. See an overview of income statement, balance sheet, and cash flow financials Garmin Income Statement Last quarter (Q2 2024), Garmin's total revenue was $1.51B, an increase of 14.07% from the same quarter last year. In Q2, Garmin's net income was $300.63M. See Garmin’s key income statements, including revenue, expenses, profit, and income Garmin Balance Sheet Garmin's total assets for Q2 2024 were $8.88B, an increase of 2.89% from the previous quarter. GRMN total liabilities were $1.88B for the fiscal quarter, a 35.35% a decrease from the previous quarter. See a summary of the company’s assets, liabilities, and equity Garmin Cash Flow GRMN's free cash flow for Q2 2024 was $218.16M. For the 2024 fiscal year, GRMN's free cash flow was decreased by $636.99M and operating cash flow was $255.32M. See a summary of the company’s cash flow Conclusion | Trade Plan Execution & Risk Management on Demand Garmin (GRMN) Stock Price & Analysis: Overall Consensus | BuyLongby jasper162310
Garmin Giant Cup & Handle Garmin looks to have a giant cup and handle playing out on the weekly and monthly. Seems a pretty popular stock pick just at the moment...hopefully meaning profits will be taken and a pullback to form the handle and a great buying opportunity.by Swick15111
GRMNGarmin Ltd. is an American, Swiss-domiciled multinational technology company founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas, United States, with headquarters in Olathe, Kansas. Since 2010, the company is legally incorporated in Schaffhausen, Switzerland. Continuation buy/long.Longby techpers1
Bull Flag or Gap Fill......!?!?!?Garmin popped after beating earnings both Top & Bottom, and has now a "Bull Flag Pennant". We also have a $4 gap created overnight after earnings! How should we play this setup❓❗️❓❗️by Gutta_CEO_0
GRMN - short at the resistanceHello traders Let's have a look at GRMN 4h time frame. The price keeps getting rejected at the horizontal resistance. We expect 1 more push towards the resistance and next more downside in order to retest the support. RSI has been in the downtrend which shows weakness of the trend. Entry, stop loss and target are shown on the chart Good luckShortby vf_investmentUpdated 114
(GRMN) DCA - A Bullish Cup and Handle BreakoutCompany: Garmin Ltd. Ticker: GRMN Exchange: NYSE Sector: Technology Introduction: Greetings and welcome to today's technical analysis post. Today, we're looking at the daily chart of Garmin Ltd. (GRMN) on the NYSE, featuring a distinctive Cup and Handle pattern acting as a bottom reversal. Cup and Handle Pattern: A Cup and Handle pattern is a bullish continuation or reversal pattern that signifies a period of consolidation followed by a breakout. It looks like a cup with a handle on the right side. The 'cup' is a curved u-shape, while the 'handle' is a slight downward drift. Analysis: The GRMN chart presents a Cup and Handle pattern that has been forming for 276 days, and is easily recognizable to classic chart pattern analysts. The breakout from this pattern has already occurred, which suggests a potential entry point for traders. Moreover, the price is trading above the 200-day EMA, which supports a bullish setup. Conclusion: The Garmin Ltd. daily chart analysis highlights a clear Cup and Handle breakout, a bullish signal for the stock. As always, please remember that trading based on chart patterns should be done in conjunction with sound risk management and proper position sizing. Please note that this analysis does not constitute financial advice. Always conduct your own due diligence when trading or investing. If you found this analysis helpful, please consider liking, sharing, and following for more. Happy trading! Best regards, Karim SubhiehLongby KarimSubhieh5
GRMN ready to give you navigation towards 102.7 GRMN ready to give you navigation towards 102.7 on daily chartLongby pvikas716951
GRMN - BULLISH SCENARIOGarmin Ltd. is an American, Swiss-domiciled multinational technology company founded in 1989 by Gary Burrell and Min Kao in Lenexa, Kansas, United States, with headquarters in Olathe, Kansas. Since 2010, the company is legally incorporated in Schaffhausen, Switzerland. The company specializes in GPS technology for automotive, aviation, marine, outdoor, and sports activities. Due to their development in wearable technology, they have also been competing with activity tracker and smartwatch consumer developers such as Fitbit and Apple. Last month the company reported its fourth quarter and fiscal year 2022 results. Overall, the reported results were satisfying among the different businesses in the company's portfolio. An increased revenue and margin profit is expected by the management in 2023. Short-term possibility for an uptrend movement in the price channel to the $ 110 resistance level. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses. Longby legacyFXofficial1
$GRMN with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GRMN after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%. Longby EPSMomentum0
The wearables market is HUGE!Wow, because of my swimming hobby, I have been noticing more people wearing watches that can track laps, stroke rates, count, etc in the pool. Some even wear water-proof ear phones in the pool too ! Imagine swimming and listening to your favourite music or podcasts! How exciting that is ! This is one stock that I am watching. Now is not the time to buy so I am monitoring first.Longby dchua1969Updated 4
No Math needed here No math needed to see where this is going. However, I did look at the linear chart and yeah, its not good. This is likely going to drop below the 100s again. On the 1 hour it kind of looks poised for a bit of a bounce, and indeed that is what I would like to see here: But I think this would be capped at 117-120 max, if it is even able to make it that high. From there, I likely will enter this as a short position (or on really any bounce from here) and probably will play the options because they are kind of cheap on GRMN. All in all, I am disappointed in them. I like GRMN. But it seems every company I truly believe in and like (GRMN, BA, F) have complete failure stocks, lol. Too bad I can't be one of these Elon worshiping TSLA stans because I probably would have faired better in life. I sold my GRMN holdings in January, but admittedly I only newly invested in them during the COVID crash. So pretty amazing returns, I can't complain but yeah, I would like to have seen them do better. Not financial advice, plan your own trades, etc. etc. etc. just my thoughts. Shortby SteverstevesUpdated 446
Garmin Earnings SpikeGarmin NYSE:GRMN had earnings today and the price action on the swing timeframes broke the past weeks' lows to recover back inside the range. This setup is happening right on the 50% Retracement of the COVID low to All Time High along with an Ichimoku Cloud Pullback on the Weekly timeframe. Options spreads are wide so this trade will be best expressed with shares.Longby norokUpdated 3315