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GSX possible bounce back after being destroyed for so long 🚀NYSE:GSX has been on a massive selloff from the highs of 149$ all the way to the present 31$. So far it looks like it might've found support around 28-30$ it might consolidate here for a little before running up. Or it might dip even further that might push the stock even higher and faster, we could see it drop towards the support lines of 18-22$. Price target for NYSE:GSX for the upcoming future would be anywhere around 80-100$ before we see any other possible pullbacks.
GLong
by G-23
1
$GLBS BULLISH REVERSAL $4 to $20 to $95The chart pattern is a falling wedge, it’s a bullish reversal. The price has been bouncing between support and resistance and today we can confirm its a buying opportunity. I have continued to buy and bought more at the $4.00 range. The rsi is oversold on all time frames, the emas were trashed, the volume is high, the OBV is down, the only indicator was the chart pattern connecting trendlines. Currently the price is $4.00, my forecast on this stock in the next 24 months is a target of $24.00. And the highest possible target is $95. Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Globus Maritime's float shares is 9.61 Mil. Globus Maritime's total shares outstanding is 9.62 Mil. Globus Maritime's float percentage of total shares outstanding is 99.85%. Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Globus Maritime's Insider Ownership is 0.00%. Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Globus Maritime's Institutional Ownership is 0.53%. Short Percentage of Float is the percentage of shares shorted compared to the float. As of today, Globus Maritime's Short Percentage of Float is 18.03%. Globus Maritime is a dry bulk shipping company. It was impacted by the world shutting down due to Covid-19, bad business decisions such as reverse splits and net loss on sales. However the company was able to finance to expand business operations with a new fleet and they continue to expand. This isn’t a short squeeze opportunity, this is a slow growth opportunity. When investing always do your own research, you are responsible for your trades. I’m not your financial advisor, im share an idea. And I personally invested in this stock because I believe in it long term. I’m holding, im buying more and its my risk.
NASDAQ:GLBSLong
by WALLSTVIDEOS
7
$GLBS $5.11 to $95 or 1,900% Gains in 24 MonthsTheres are the next 4 price targets within the next 12 months. Company used financing to expand fleet to 8, the dry bulk industry is primed for a bounce back year after Covid-19. The stock is at alltime lows, in a downtown trend. However it has strong support! The chart pattern is a falling wedge bullish reversal. A breakout is strong. The company had a rough couple years, they made a few mistakes, and the world shutdown. However moving forward the company is in position for expansion, growth and investment. This is a long term stock to own.
NASDAQ:GLBSLong
by WALLSTVIDEOS
6