Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Gigamon Stock In Strong Uptrend

|Includes: Gigamon, Inc. (GIMO)

The EPS forecast for Gigamon has more than doubled over the last 60 days.

In 2014, Gigamon stock fell more than -70% on operational missteps. So far in 2015, Gigamon is back on course as evidenced by more than 140 institutional dealers and funds purchasing Gigamon stock.

Gigamon stock is a continuation layout play where we are wagering that the strong uptrend will continue.

Source: Gigamon Stock Going To The Giga-Moon!

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.