ZAGG's RT value was trending upward since 2nd Oct (1.77), 3rd Oct (1.78) and 4th Oct (1.80)
Note: RT of 1.80 is considered OB. With the help of indicators like Stoch (14,3,3) and RSI, OB is one the way.
According to the graph, price actions have retested a resistance trend line and bounced back and broke through $15.3
Fundamentals data shows ZAGG has a ideal GRT of 24
GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year.
ZAGG has a forecasted Earnings Growth Rate of 24.00 %, which VectorVest considers to be excellent.
Because of the strong GRT value, I consider to hold one more week to wait if ZAGG breaks the strong resistance at $16.9
Note: RT of 1.80 is considered OB. With the help of indicators like Stoch (14,3,3) and RSI, OB is one the way.
According to the graph, price actions have retested a resistance trend line and bounced back and broke through $15.3
Fundamentals data shows ZAGG has a ideal GRT of 24
GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year.
ZAGG has a forecasted Earnings Growth Rate of 24.00 %, which VectorVest considers to be excellent.
Because of the strong GRT value, I consider to hold one more week to wait if ZAGG breaks the strong resistance at $16.9
Comment:
It reached Highest 17.20 on 9-Oct