May 08, 2025, 00:22 am ET, BY Momei - Contributor, Stock Traders Daily |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for GLOB
- Buy GLOB near 120.54 target 163.56 stop loss @ 120.19 Details
The technical summary data tells us to buy GLOB near 120.54 with an upside target of 163.56. This data also tells us to set a stop loss @ 120.19 to protect against excessive loss in case the stock begins to move against the trade. 120.54 is the first level of support below 123 , and by rule, any test of support is a buy signal. In this case, support 120.54 would be being tested, so a buy signal would exist.
- Short GLOB slightly under 163.56, target 120.54, stop loss @ 164.03 Details
The technical summary data is suggesting a short of GLOB as it gets near 163.56 with a downside target of 120.54. We should have a stop loss in place at 164.03though. 163.56 is the first level of resistance above 123, and by rule, any test of resistance is a short signal. In this case, if resistance 163.56 is being tested, so a short signal would exist.
Swing Trading Plans for GLOB
- Buy GLOB slightly over 126.04, target 163.56, Stop Loss @ 125.68 Details
If 126.04 begins to break higher, the technical summary data tells us to buy GLOB just slightly over 126.04, with an upside target of 163.56. The data also tells us to set a stop loss @ 125.68 in case the stock turns against the trade. 126.04 is the first level of resistance above 123, and by rule, any break above resistance is a buy signal. In this case, 126.04, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short GLOB slightly near 126.04, target 120.54, Stop Loss @ 126.4. Details
The technical summary data is suggesting a short of GLOB if it tests 126.04 with a downside target of 120.54. We should have a stop loss in place at 126.4 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 126.04, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for GLOB
- Buy GLOB slightly over 123.28, target 126.04, Stop Loss @ 122.99 Details
If 123.28 begins to break higher, the technical summary data tells us to buy GLOB just slightly over 123.28, with an upside target of 126.04. The data also tells us to set a stop loss @ 122.99 in case the stock turns against the trade. 123.28 is the first level of resistance above 123, and by rule, any break above resistance is a buy signal. In this case, 123.28, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short GLOB slightly near 123.28, target 120.54, Stop Loss @ 123.57. Details
The technical summary data is suggesting a short of GLOB if it tests 123.28 with a downside target of 120.54. We should have a stop loss in place at 123.57 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 123.28, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Globant S.a. (GLOB) available here: GLOB.
GLOB Ratings for May 08:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Strong |
Weak |
P1 |
0 |
0 |
120.54 |
P2 |
120.11 |
119.12 |
163.56 |
P3 |
123.28 |
126.04 |
208.44 |
AI Generated Signals for GLOB
Blue = Current Price
Red = Resistance
Green = Support
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Fundamental Charts for GLOB: