Speaking of setups, check out Globus Medical ($GMED) – January 8, 2025
Dan Fitzpatrick here at StockMarketMentor.com. I’ve been watching Globus Medical ( NYSE: GMED ) for a while.
As our members know, I have an On Deck List. These are stocks that are really, really giving me good indications that they’re about to take off. Globus ( NYSE: GMED ) was on this list, it’s been on this for over a week or so, and it has finally popped out.
I got in this stock a little bit late, but I don’t lie about the entries and stuff. It would have been better to get it a little bit lower here but I think this works. If you look at the weekly chart it’s pretty darn sloppy. However, this is the area that I’m really looking at right here.
This is a really, really good cluster here. I get the sense, again, that I just think this stock is ready to go. It’s had a nice little pinch here, holding the 50-day moving average and this is ready to rock.
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