(GLBE) Investment Analysis

Longer Term Trading Plans for GLBE

  • Buy GLBE near 28.87 target 40.3 stop loss @ 28.79 Details
  • The technical summary data tells us to buy GLBE near 28.87 with an upside target of 40.3. This data also tells us to set a stop loss @ 28.79 to protect against excessive loss in case the stock begins to move against the trade. 28.87 is the first level of support below 33.37 , and by rule, any test of support is a buy signal. In this case, support 28.87 would be being tested, so a buy signal would exist.

  • Short GLBE slightly under 40.3, target 28.87, stop loss @ 40.42 Details
  • The technical…

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