$GIMO EPS Forecast Hikes And Keltner Channel Break
Post# of 25331
The fundamentals are not very good for Gigamon but check out the EPS outlook. The EPS outlook has more than doubled in the last 60 days!
On May 18, 2015, Needham gave a buy rating using a price objective of $38 on Gigamon stock.
Up to now, in 2015, more than 140 funds are buying Gigamon stock which suggests Gigamon is back on track.
Gigamon stock chart looks great. The volume 50 day MA has been moving upward and Gigamon stock is a continuation pattern play where we are betting the powerful uptrend will continue.
Source: Gigamon Stock Going To The Giga-Moon!