Up channel with the prior up channel acting as the middle band for the larger channel.
I expect price to bounce off the bottom uptrend and continue this trend.
Daily timeframe
The middle resistance has been broken before and it will be broken again.
NYSE:GMED
Globus Medical reported strong quarterly results on Tuesday.
Momentum and stochastic indicator suggest short term price weakness as traders take profits.
My personal plan is to reduce holding in small increments so long as selling persists, with the
intention of buying back once the current correction is complete
Indicators:
Arun - A Bidirectional...