Stock Chart Analysis TRMB

Posted by downtowntrader | 6/10/2007 08:18:00 PM | 0 comments »

Stock Chart Analysis TRMB

Trimble Navigation Limited (Public, NASDAQ:TRMB)

TRMB recently gapped to all time highs and pulled back immediately after that. Some may think that the breakout has failed, but technically, it has just pulled back to test the previous breakout area. It is also sitting on the rising 50 day sma and the lower bollinger band. There is chance that 28.75 is going to be the low for a while to come.

Good Trading,


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