Globant 4H Double BottomGlobant posted a positive earnings report. On the 4-hour chart, a double bottom can be observed. Considering the recent decline in the stock, applying a Fibonacci retracement followed by an extension shows the lowest extension level at 1.618, which acted as support. Today, the price broke to the ups
140 ARS
151.76 B ARS
2.21 T ARS
About Globant S.A.
Sector
Industry
CEO
Martín Migoya
Website
Headquarters
Luxembourg
Founded
2012
ISIN
ARBCOM460150
Globant SA engages in the provision of information technology services. It includes application development, testing, infrastructure management, and application maintenance. The company was founded by Martín Migoya, Martín Gonzalo Umaran, Guibert Andrés Englebienne, and Néstor Augusto Nocetti in 2003 and is headquartered in Luxembourg.
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Globant, Bright Future or Total Darkness?📊 Technical Analysis – Globant (GLOB) – Weekly
The price of Globant (NYSE: GLOB) remains under strong bearish pressure, approaching a key long-term support area.
🔑 Fibonacci Levels
0.618 (61.55 USD): critical zone currently being tested. A clear breakdown could open the door to further declines.
3/20/25 - $glob - I'm back mid 120s3/20/25 :: VROCKSTAR :: NYSE:GLOB
I'm back mid 120s
- sub 20x pe
- AI integrator
- down on NYSE:ACN results
- ex M&A capex, you're pretty close to 3.5% yield, probably growth understated
- going much slower than the initial move i made (which admittedly i feel lucky to have exited monday at a g
2/21/25 - $glob - Too extreme, swinging long2/21/25 :: VROCKSTAR :: NYSE:GLOB
Too extreme, swinging long
- title says it all
- mkt is paying cash heavy portfolios to buy ex post over reactions and not play the russian roulette of EPS season
- feels like NASDAQ:NICE again, even if it's more expensive, diff company/ industry etc. etc. and
5/16/24 - $glob - can't buy the dip, mediocre result... lowerin-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.
Globant SA (NYSE: GLOB) Impressive Q3 Financial PerformanceGlobant 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
RECTANGLENeutral 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
Descending Triangle 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
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.