Do you think the worst is behind for GTLB?
With news of senior management selling stock share and the downgrade, we see a clear test of low since April this year. Since the news always come out the latest, the decline during the last 3 months is likely the explaination to the selling pressure we have seen.
However, the bottom is well defended structural-wise, supported by a slow and steady increase in company revenue.
My expectation is that at least we should see a retest around the 200MA.
I am adding GLTB to my portfolio at a 3% position size.
With news of senior management selling stock share and the downgrade, we see a clear test of low since April this year. Since the news always come out the latest, the decline during the last 3 months is likely the explaination to the selling pressure we have seen.
However, the bottom is well defended structural-wise, supported by a slow and steady increase in company revenue.
My expectation is that at least we should see a retest around the 200MA.
I am adding GLTB to my portfolio at a 3% position size.
FREE real time trade & stock recommendations on X:
x.com/BoiPlunger
FULL transparency
x.com/BoiPlunger
FULL transparency
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
FREE real time trade & stock recommendations on X:
x.com/BoiPlunger
FULL transparency
x.com/BoiPlunger
FULL transparency
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
