Issued: 04/15/2015
Garman, GRMN:
1. In recent Williams edge stock meetings it was noted that any daily close above $45.60 in Garman would trigger new long entry for a test/attempt at $47.30 into Mon., April 13, then a continued advance and test/attempt at $49/$50.
2. Garman has continued to close daily above $45.60 for several weeks with the lowest price being reached at $44.57 on April 6 which itself closed at $46.71.
3. Today, Wednesday, April 15 Garman completed the $47.30 upside target. Those long based upon the above should have exited partial long positions at/near $47.30.
4. Our protective sell stop is at $46.52. This stop will continue to be move higher as the market continues to confirm.
David Williams
Issued: 04/22/2015
Garman, GRMN:
1. In recent Williams edge stock meetings it was noted that any daily close above $45.60 in Garman would trigger new long entry for a test/attempt at $47.30 into Mon., April 13, then a continued advance and test/attempt at $49/$50.
2. On Wed., April 15 Garman completed the $47.30 upside target. Those long based upon the above should have exited partial long positions at/near $47.30.
3. On April 17 our protective sell stop at $46.52 was hit. This resulted in a successful trade. Will message any further entry or indication in the Garman.
David Williams