[February 01, 2012] Garmin Shares Up 24.3% Since SmarTrend's Buy Recommendation (GRMN) Tweet Feb 01, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Garmin (NASDAQ:GRMN) on October 12th, 2011 at $33.72. In approximately 4 months, Garmin has returned 24.34% as of today's recent price of $41.92. Over the past year, Garmin has traded in a range of $29.23 to $42.73 and is now at $41.92, 43% above that low. The 200-day and 50-day moving averages have moved 0.33% higher and 0.93% higher over the past week, respectively. Garmin Ltd. provides navigation, communications, and information devices, most of which are enabled by Global Positioning System (GPS) technology. The Company designs, develops, manufactures, and markets hand-held, portable, and fixed mount GPS-enabled products and other navigation, communications, and information products under the GARMIN brand name. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Garmin shares.Log in and add Garmin (GRMN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]