Stock Chart Analysis GIL

Posted by downtowntrader | 7/23/2007 09:57:00 PM | 2 comments »

Stock Chart Analysis GIL

Gildan Activewear Inc. (USA) (Public, NYSE:GIL)

GIL is another stock that is in a consolidation following a nice trend. It has been following the 50 day sma the past month and could be in the final stages of the consolidation period. It may drift back down to the lower ranges, but I wouldn't be surprised if it took off right here.


Good Trading,


Joey

for more analysis, check out downtowntrader.com

2 comments

  1. Freddie Sirmans // 1:38 PM  

    Just browsing the internet, very, very interesting blog.

  2. JJ2000426 // 11:16 PM  
    This comment has been removed by a blog administrator.