GMED - Up Channel Up channel with the prior up channel acting as the middle band for the larger channel. I expect price to bounce off the bottom uptrend and continue this trend. Daily timeframe The middle resistance has been broken before and it will be broken again. by Bixley0
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 Observations: PE ratio of 37 a return to 2017 levels. 7B Market Cap Consistent Year over Year revenue growth. Nominal Debt Exceeds earnings expectations Steady asset growth Regular employment growth Personal Experience A surgical clinic I do marketing and websites for recently added one of the Globus Medical robot arm surgical assistants. The chief surgeon told me his surgery averages went from 1hr to 10m. The client has also made it a priority for us to increase marketing spend and patient intake support to increase daily surgery capacity. I’m curious to know what the more seasoned investors think of GMED and if this is a good time to make an entry for a long term holding. Not Financial Advice. Just my own Personal Investment Due Diligence.Longby SPYvsGME111
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 Shortby et20tradeview0
$GMED Box SetupSetting up a box long trade into All Time Highs. Volume pattern holding up okay so far but that above than average selling on Friday is a warning. Would like to see couple quite days before it moves up to indicate lack of supply coming to the market. Adding it to my watchlist.Longby TaPlot0
Another good one here Merry Christmas, everyone! I love Santa and love celebrating Christmas since I was born XD This is a good one as I spot easy charts while they break out. I hope to get your messages back and I'll say "you're very welcome" XDDD Stay safe, healthy, and wealthy.Longby luckysavvytrader2
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 strength to the upside. Based on the size of the triangle the simple target areas are within the yellow box. Longby KappyUpdated 0
Globus Medical Announces $200 Million Share Repurchase Program!!GMED: Globus Medical 2020-03-11 17:40:32 Globus Medical Announces $200 Million Share Repurchase ProgramLongby JetEquities0
GLOBUS MEDICAL is a breakout above $50GMED recently reported inline earnings but has now come to our attention on the possibility of a substantial breakout, it has also come to light that multiple Investment and Capital management firms have made significant acquisitions of the stock. This has brought it to the attention of many and has helped and will continue to propel the stock higher in our opinion. AVERAGE ANALYSTS PRICE TARGET $53 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT P/E RATIO 35 SHORT INTEREST 3.4% COMPANY PROFILE 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 in March 2003 and is headquartered in Audubon, PA.Longby RedHotStocks12
GMED where to next???With Earnings set for 02/21 GMED looks to be chopping around at the key resistance line as indicated in red. The support line short term uptrend has recently been broken, which indicates that price may push lower and chop around the current resistance point until earnings. It is probable that price action will build up for a break out and push higher, especially after earnings. Confirmation of the RSI divergence and SMII upward push will give entrance. The double bottom, looks to indicate that there is strong support to push price higher. Although the longer term looks bearish, GMED may be gearing up for a breakout! Keep an eye on price action at current resistance, with a push towards the upper resistance and a possible breakout. Longby lbustos11
GMED Detected possible positive results in clinical trial!!!!GMED: globus medical inc 2018-05-15 16:15:11 Detected possible positive results in clinical trial Longby RocketTickers0
GMED IDEA - Watching for the breakout & possible AB=CD formationwait for the pullback and breakout before the uptrend continuation by AlexKondratev1
SIMPLE SHORTGMED - SIMPLE SHORT - LOOKING TO GO LONG AFTER THE DROP MAYBE BREAK THAT RESISTANCE Shortby wolfstreetswingerUpdated 3