GMED
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 current correction is complete
Indicators:
Arun - A Bidirectional momentum indicator that is far superior to DMI
DSS long stochastic