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Gigamedia - GIGM - Moving Fast

|Includes:GigaMedia Limited (GIGM)

I have added Gigamedia (GIGM) to the Barchart Van Meerten New High portfolio for very positive price momentum:

Barchart technical indicators:

 

  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • Relative Strength Index 79.73%
  • Barchart computes a technical support level at 1.29
  • Recently traded at 1.40 with a 50 day moving average of .91

Disclosure: I am long GIGM.

Stocks: GIGM