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huntersanna33
Aug 22, 2021 4:09 PM

GLBE - Strong IPO Performance (8/23/2021) Long

Global-E Online Ltd.NASDAQ

Description

Volume profile has many buyers at current point which means that people want this stock at current prices. ATR and volume has been declining after a strong move. Not too far removed from the MA and the 5EMA trend is up. this is a High Tight Flag candidate which can indicate large moves and swings. We have wild price action the day after earnings where buyers and sellers were fighting for control of the stock with buyers taking the upper hand.
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