GARMIN LTD (GRMN-Nasdaq): Technical Viewpoint: From a low of $41.50 on Nov 24, 2003 prices rallied, reaching a high of $54.08 on Oct 29, 2003. A decline saw prices pull back, reaching a low of $48.11 on Nov 11, 2003. Another rally saw prices penetrate resistance, closing 11/17/03 at $51.72. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Sep 3, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $49.00. Resistance: Is at $53.92. Point & Figure: Reversed to the upside on Nov 11, 2003. A P&F upside reversal takes place at $49.00. Summary: Technical indicators have turned bullish. BUY! GARMIN LTD (GRMN-Nasdaq) @ $52.13 Stop: Use a protective stop of $49.63. GARMIN LTD is currently trading @ $51.72 plus $2.34 on Nov 17, 2003. Price Objective: $64.00. Risk/Reward: $2.50 VS. $11.88. Today's Risk Reward Ratio: 5:1