Bullishcharts

$GLOB Globant SA breakout trade

Long
NYSE:GLOB   Globant S.A.

Entry level $114.00 on the breakout
Target price $128.55 to Fibonacci expansion target.
RSI in very strong uptrend with plenty of room to run higher.
Bullish volume increasing, will look for a major volume spike to confirm legitimate breakout.
Globant SA engages in the provision of information technology services. It offers application development and maintenance, testing, and infrastructure management. The company was founded by Martín Migoya, Martín Gonzalo Umaran, Guibert Andrés Englebienne and Néstor Nocetti in 2003 and is headquartered in Luxembourg.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.