in-line result and 2Q and FY guides are a touch below consensus. that's a no-touch in this environment. let's be clear - great (if not the best) IT transformation co that will benefit from a lot of the secular trends in the coming years. however, in order to sustain software-esque multiples >20x PE... you need to be beating/ raising and doing something that's not...
Globant SA (NYSE: GLOB) announced its impressive financial performance for the third quarter. The company surpassed analyst expectations, demonstrating its continued growth and success.
During this quarter, Globant reported earnings of $1.48 per share, which exceeded the analyst consensus estimate of $1.47 by 0.68 percent. This represents a significant increase...
Neutral pattern until broken with a trend in that direction.
Top line is resistance and bottom line is support.
Earnings in mid November.
No recommendation.
52 Week Range
135.41
210.00
Day Range
189.13
196.84
EPS (FWD)
5.73
PE (FWD)
34.73
Div Rate (TTM)
0
Short Interest
4.49%
Market Cap
$8.41B
Globant S.A. operates as a technology services company worldwide....
Well... Not a well good day/week/year to publish an investing idea, but... there you have my bet.
Globant still is a huge dependency for tons of big companies (like Disney, EA Games, Banks, etc). My bet still positive about GLOB.
Price is below the lower line which now resistance.
Support noted at the long shadows/tails of the candles. This does not look like a super strong support level just yet.
Candles of indecision noted.
This was a neutral pattern and price broke to the downside.
Targets in orange type are possible targets to the downside with T1 in larger type than T2 etc. T2 is...
GLOB stock price has completed the correction. The fundamentals point to the improvement, the Co manages to beat the EPS and Revenue.
A recovery towards 240 / stop below 150. Size your risk accordingly.
Not a popular stock in the US perhaps but it does move with tech.
It is one I do follow through all types of markets. I have owned it. I no longer own it so I guess I am fickle )o:
I will watch it though. I will catch it again when the time is right.
Neutral pattern until broken.
No recommendation.
Gr8 stock but I am just thinking that this correction "ain't...
with a positive under reaction following its earning the PEAD projected a bullish outlook for $GLOB placing the stock in Drift A
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Broke out a while back from V bottom pattern Earnings AMC
Subtract V low from V high and add to break out. A stock can go even further in a receptive market.
This one seems to be beloved by the market and I may catch it one day. I probably won't catch it today (o: I have not figured out what going up in price right before earnings is bullish or not. ...
Possible Breakout trade.
Golden cross just completed
On verge of ATH breakout
Company profile
Globant SA operates as a digitally native company, which 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...
Contextual immersion trading strategy idea.
Globant S.A. offers machine learning, pattern recognition, natural language understanding, future of organizations, customer insight, behavioral change, product innovation, design thinking, product management discovery and delivery, and product coaching services.
The company announced that it expects first-quarter 2020...
Globant got corona'd due to macro factors, but longer term up-trend on this great IT growth stock still holding. Stop at $105 and target $140. Timeframe a few months
