GIGM will go DOWN
$1.00 on 6/07/12
$1.00 (-15.97% from time of market call)
This morning I sold Gigamedia (GIGM) from the Barchart Van Meerten New High portfolio for negative price momentum
Barchart technical indicators:
72% Barchart t -echnical sell signal
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
Down 10.08% in the last month
24.68% off its 1 year high
Relative Strength Index 20.83%