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Gap Stock Price Levels to Watch as Shares Surge 16% After Earnings Report
GPSGap(GPS) Investopedia·2024-11-22 04:55

Key TakeawaysGap shares soared in extended trading Thursday after the apparel retailer reported stronger-than-expected third-quarter results and raised its sales outlook.The shares look set to stage a decisive breakout above a descending triangle following the company’s strong earnings report, potentially leading to a continuation of the stock's uptrend.Investors should track key overhead price levels on Gap's chart around $27, $36, and $52, while monitoring a crucial support area near $20. Gap (GAP) shares ...