Message #240 From:
stockviewr Date: December 11, 2007 05:30:14 AM
The Gap (GPS): Turnaround story + Technical breakout
The Gap Inc. (NYSE:GPS), a global specialty retailer is truly on its turnaround track. After few years of slumping sales, the apparel retailer's Comparable same-store sales trend (in all of its three divisions) have started showing improvements. Well disciplined inventory and changing merchandise assortments can win its heritage back. Technically, Gap recently broke out of an inverse head & shoulders pattern, which has bullish implication. New uptrend is in process. Complete free report on www.traderthoughts.com
