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multipletrades
Joined: 11 Dec 2007
Posts: 1
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 Posted: Tue Dec 11, 2007 10:25 am Post subject: Gap's (GPS) U turn..... |
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The Gap Inc. (NYSE:GPS), a global specialty retailer is well on its turnaround track. After few years of slumping sales, the apparel retailer's Comparable same-store sales trend (in all of its three divisions) have started showing improvements. Well disciplined inventory and changing merchandise assortments can win its heritage back. Technically, Gap recently broke out of an inverse head & shoulders pattern, which has bullish implication. New uptrend is in process IMO.
Your thoughts are welcome... 
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wallstreettrader
Joined: 18 Mar 2008
Posts: 3
Location: united states
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| Posted: Thu Mar 20, 2008 12:26 pm Post subject: GAP chart technical analysis |
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This stock has broken below its 30 week moving average and is falling in price. Has strong support coming up around 21 so could be a buy on support. Otherwise should be a good short if it fails to hold.
Wallstreettrader
http://www.sharesmadeeasy.com |
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mike95910
Joined: 11 Apr 2008
Posts: 2
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| Posted: Fri Apr 11, 2008 4:20 pm Post subject: |
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| i would wait till it gets down to 16 or lower. still kind of sketchy |
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