Generac Holdings Inc. (GNRC) – stock is trading over 50 dollars and offering a possible buying price between $73.80 – $77.49. Let’s look at the stocks technical actions using a weekly chart.
2. The stock broke out in a solid volume back in July.
3. The stock witnessed a solid run after that.
4. The stock appears to be in a consolidation, now.
5. The accumulation volume was also rock solid.
6. The stock also found support at the 50 day moving average.
7. The stock is offering possible buying price between $73.80 – $77.49, with a stop loss at $67.90.
