Company: GigaMedia Limited Ticker: GIGM Exchange: NASDAQ Sector: Technology Introduction: Hello everyone, today we are focusing on GigaMedia Limited (GIGM), analyzing its Daily scale chart on the NASDAQ exchange. The price chart has caught our attention due to the formation of a bottom pattern, specifically, a cup and handle, which has been developing over the...
GIGM insider purchases post Reverse Split. 20MA about to cross 50MA. Potential double bottom formation and trading out of channel $3.80 price target by March and $4.50 potential Stop loss below $3.00. Low float so can move fast either direction