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Yngvi,
I think GYMB is in the process of completing a rounding bottom
formation. This is quiet a regular formation except in its last phase
of completeion where the movement seems to be very fast.
As of now, I feel a throw back is quite likely to the zone between 10
and 9. From there when it crosses 12 1/2, there would be very fast rise
to your projected levels of 25. By very fast, I mean it would take much
less time to complete its journey up to 25 than the time it took to
reach the current levels.
If it were me I would buy only after the throw back. I am an analyst
located in India. I don't get to follow these stocks. It would be very
nice if you could write back to me regarding its future progress.
Thanks for your time.
Rajat K Bose
--- Yngvi Hardarson <hardy@xxxxxxxxxxxxx> wrote:
> List
>
> I have enclosed my analysis of Gymboree (GYMB.gif).
> It seems to me that it
> is breaking out to the upside.
> Anyone else following this company? Any comments on
> my analysis?
>
> Regards,
> Yngvi
>
>
> ATTACHMENT part 2 image/gif name=GYMB.gif
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