GMED breaking out for another bullish move!Globus Medical, Inc. (GMED), a leader in musculoskeletal solutions, is currently exhibiting strong bullish signals.
The stock has maintained a steady uptrend, forming higher highs and lows on weekly charts.
Trading above its 50-day and 200-day EMAs, GMED recently witnessed a golden cross, furthe
104,700.000
0.001 BRL
555.18 M BRL
13.58 B BRL
About Globus Medical, Inc.
Sector
Industry
CEO
Daniel T. Scavilla
Website
Headquarters
Audubon
Founded
2003
ISIN
BRG2MEBDR002
FIGI
BBG017K4QZL3
Globus Medical, Inc. operates as a medical device company that develops and commercializes healthcare solutions. The firm engages in developing products that promote healing in patients with musculoskeletal disorders. It classifies products into Innovative Fusion and Disruptive Technology. It operates through the United States and International geographical segments. The company was founded by David C. Paul, David D. Davidar and Andrew Iott in March 2003 and is headquartered in Audubon, PA.
Globus Medical: Approaching resistance, is a breakthrough comingWeekly Chart
● The stock has tested the trendline resistance multiple times.
● Currently, it is trading just below this level.
● A breakout above this resistance is anticipated in the near future.
● Following the breakout, the price may increase.
Daily Chart
● A Symmetrical Triangle pattern has
Looking for a long term entry into Globus MedicalI’m looking for a long term investment in a sea of overvalued bio & tech companies.
Globus Medical caught my eye as a potential candidate after a large dark pool sell and recent pullback in indexes
Globus Medical's index membership is Russell 1000, Russell 3000 and S&P Midcap 400.
Financial Ob
Globus Medical short term weaknessNYSE:GMED
Globus Medical reported strong quarterly results on Tuesday.
Momentum and stochastic indicator suggest short term price weakness as traders take profits.
My personal plan is to reduce holding in small increments so long as selling persists, with the
intention of buying back once the c
Triangle in GMEDScreening through many stocks this morning this was the chart the stuck out to me. A clear triangle. I will be quite surprised if it doesn't play out because of how textbook it looks. Price appears to have broken the triangle upper boundary. A close above this boundary will support continued strengt
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Summarizing what the indicators are suggesting.
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Moving Averages
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Moving Averages
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Displays a symbol's price movements over previous years to identify recurring trends.