Stock Chart Analysis LOGI

Posted by downtowntrader | 12/20/2007 10:14:00 PM | 0 comments »

Stock Chart Analysis LOGI

Logitech International SA (USA) (Public, NASDAQ:LOGI)

LOGI has been consolidating bullishly for the past two months after a huge breakaway gap. The breakaway gap followed a year long consolidation and it looks like this gap may not get filled. LOGI is just starting to turn higher off the 20 day sma and it may be ready to breakout to new highs. Breaking the trend line marking the most recent pivot highs would be the first objective on it's way to the breakout. Stochastics is also starting to turn up as well.

Good Trading,


for more analysis, check out