Gymboree Stock May Be Ready For Huge Returns

Blain Reinkensmeyer
Posted on Sat 3rd May, 2008 11:13:18 AM

The recent price action on Gymboree (GYMB) stock cannot be overlooked. The stock has been building a base for over a year and a half and now looks ready to break out past long term resistance at $45.

I present Gymboree here on Stock Trading To Go as it is in its latest base. You will find two stocks charts of GYMB below, one a weekly view and one a daily view. Your target entry price is going to be $45.35 on volume of atleast 1.5 million on breakout day.

gymb2-050308.png

gymb-050308.png

I will be watching GYMB closely as I feel the stock could break out as early as next week. The best way to enter into a position in Gymboree would be to setup a stop limit order.

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