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AFTER MARKET UPDATE - TUESDAY, JUNE 11TH, 2019
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Indices NYSE Nasdaq
DOW  -14.17 26,048.51 -0.05% Volume 865,561,820 +17% Volume 2,096,668,610 +4%
NASDAQ -0.60 7,822.57 -0.01% Advancers 1,434 50% Advancers 1,420 47%
S&P 500 -1.01 2,885.72 -0.03% Decliners 1,407 50% Decliners 1,619 53%
Russell 2000 -4.45 1,519.11 -0.29% 52 Wk Highs 131   52 Wk Highs 72  
S&P 600 -2.56 924.04 -0.28% 52 Wk Lows 39   52 Wk Lows 90  

Major Indices Erased Session's Early Gains

Stocks finished lower Tuesday. The major averages fluctuated as investors continue to monitor ongoing trade tensions. The Dow dipped 14 points, snapping a six-session winning streak. The S&P 500 erased its early advance to close less than 0.1% lower, ending its best stretch of gains since April. The Nasdaq Composite closed slightly below unchanged. The volume totals reported were higher on the NYSE and on the Nasdaq exchange. Advancers narrowly led decliners on the NYSE, but decliners outnumbered advancers by an 8-7 margin on the Nasdaq exchange. There were 59 high-ranked companies from the Leaders List hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 99 on the prior session. New 52-week highs totals easily outnumbered new 52-week lows on the NYSE, but new lows outnumbered new highs on the Nasdaq exchange. Big gains on Friday marked Day 4 of the new rally attempt, and the major indices (M criteria) established a new "confirmed uptrend" under the fact-based system as the bullish session met the requirements to be a proper follow-through day ThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index is above its 50-day moving average (DMA) lines and only -2.3% off its record high.

President Trump’s announcement that proposed duties on Mexican imports would be suspended helped lift investor sentiment Monday. However, President Trump also warned that new tariffs would be implemented on Chinese goods if no progress follows the G-20 summit later this month. 

Seven of 11 S&P 500 sectors edged higher, with the more defensive Consumer Staples sector leading advancers. Industrials weighed on the major averages, losing 0.9% on pressure from trade uncertainty. Facebook (FB +1.88%) rose on the heels of an analyst upgrade, boosting the FAANG group 0.6% on the day. Meanwhile, Beyond Meat (BYND -25.02%) fell following an analyst downgrade.

The potential for a Federal Reserve interest rate cut also remains in focus ahead of next week’s FOMC meeting. Treasuries were little changed with the yield on the 10-year note flat at 2.14% despite producer price inflation rising for a second consecutive month in May. A separate data release from the NFIB showed small business optimism jumped to the highest level in seven months as companies boosted capital spending plans.


Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.


Retail, Bank, Semiconductor, and Commodity-Linked Groups Rose

The Retail Index ($RLX +0.23%) and the Bank Index ($BKX +0.50%) posted modest gains but the Broker/Dealer Index ($XBD -0.05%) finished flat. The tech sector was mixed as the Semiconductor Index ($SOX +0.29%) posted a small gain but the Networking Index ($NWX -0.59%) and the Biotech Index ($BTK -0.28%) both fell slightly. The Integrated Oil Index ($XOI +0.28%), Oil Services Index ($OSX +1.26%), and the Gold & Silver Index ($XAU +0.79%) each ended the session higher.

Charts courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -0.05%) is consolidating near its 50-day moving average (DMA) line after the recent rebound.



Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  75.96 +0.95 +1.27% -5.76%
Integrated Oil $XOI  1,214.97 +3.44 +0.28% +4.82%
Semiconductor $SOX  1,418.02 +4.13 +0.29% +22.75%
Networking $NWX  571.87 -3.42 -0.59% +17.02%
Broker/Dealer $XBD  266.79 -0.15 -0.05% +12.41%
Retail $RLX  2,309.90 +5.35 +0.23% +18.37%
Gold & Silver $XAU  73.90 +0.58 +0.79% +4.59%
Bank $BKX  96.78 +0.48 +0.50% +12.81%
Biotech $BTK  4,504.16 -12.80 -0.28% +6.71%


Encountering Distributional Pressure in Recent Weeks

Qualys Inc (QLYS -$2.60 or -2.93% to $86.13) is sputtering near its 50-day moving average (DMA) line ($86.12) after today's volume-driven loss. It recently encountered distributional pressure yet found support near its 200 DMA line. Its Relative Strength Rating is 72, below the 80+ minimum guideline for buy candidates. It has met stubborn resistance in the $97-98 area. 

QLYS was highlighted in yellow with pivot point cited still based on its 7/24/18 high plus 10 cents in the 5/02/19 mid-day report (read here). It was last shown in this FSU section on 5/02/19 with annotated graphs under the headline, "Rallying to Challenge Previously Stubborn Resistance". Subsequent volume-driven gains above the pivot point for a new high (N criteria) may trigger a technical buy signal.  Convincing gains into new high territory may be an indication of fresh institutional buying demand that can lead to a meaningful and sustained advance in price. 

It reported earnings +36% on +16% sales revenues for the Mar '19 quarter, its 8th consecutive quarter above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been strong. The Computer Software - Security group has a 94 Group Relative Strength Rating, and leadership (L criteria) in the industry group is another favorable factor with respect to the fact-based investment system. 

Currently it has a Timeliness Rating of A and Sponsorship Rating of C. Its Accumulation/Distribution rating is C+ while its Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days. The number of top-rated funds owning its shares rose from 294 in Jun '17 to 401 in Mar '19, a reassuring sign concerning the I criteria. Its small supply of only 32.1 million shares (S criteria) in the public float can contribute to greater volatility in the event of institutional buying or selling.

Charts used courtesy of www.stockcharts.com


Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for SPSC SPSC - NASDAQ
S P S Commerce Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$107.17 -0.88
-0.81%

$109.00

149,036
93.73% of 50 DAV
50 DAV is 159,000
$115.00
-6.81%
6/7/2019 $107.72 PP = $115.10
MB = $120.86
Most Recent Note - 6/7/2019 6:33:00 PM
Y - Rebounded further above its 50 DMA line ($104) with today's gain on light volume. Color code is changed to yellow with new pivot point cited based on its 4/26/19 high plus 10 cents. Subsequent volume-driven gains above the pivot point are needed to trigger a new (or add-on) technical buy signal. Faces some resistance due to overhead supply up to the $115 level. Recent lows in the $98-99 area define important near-term support to watch. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.

>>> FEATURED STOCK ARTICLE : Base Building Now Above 50-Day Moving Average Line - 6/7/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for EPAM EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$177.45 +0.34
0.19%

$179.61

421,670
85.01% of 50 DAV
50 DAV is 496,000
$180.55
-1.72%
5/9/2019 $169.25 PP = $180.55
MB = $189.58
Most Recent Note - 6/7/2019 6:39:59 PM
Y - Color code is changed to yellow after rebounding above its 50 DMA line ($171) helping its outlook to improve. Perched within close striking distance of its 52-week high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Found Support and Closed in Upper Third of Day's Range - 5/9/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for ENV ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$67.35 -1.74
-2.52%

$69.87

494,834
173.02% of 50 DAV
50 DAV is 286,000
$72.67
-7.32%
3/15/2019 $66.05 PP = $64.90
MB = $68.15
Most Recent Note - 6/11/2019 5:54:22 PM
G - Violated its 50 DMA line ($68.68) again with today's volume-driven loss raising concerns. Recently reported earnings +5% on +1% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria). The prior high ($64.80 on 9/14/18) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Improved Technical Stance - 6/4/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for LHCG LHCG - NASDAQ
L H C Group Inc
HEALTH SERVICES - Home Health Care  
$115.13 -1.10
-0.95%

$117.20

149,195
59.68% of 50 DAV
50 DAV is 250,000
$122.20
-5.79%
4/29/2019 $110.94 PP = $115.64
MB = $121.42
Most Recent Note - 6/10/2019 5:21:09 PM
Y - Rebounded further above its pivot point with today's gain backed by lighter than average volume. Its 50 DMA line ($111) defines near-term support. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Long-Term Care Firm Hovering Near All-Time High - 5/14/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for ENSG ENSG - NASDAQ
Ensign Group Inc
HEALTH SERVICES - Long-Term Care Facilities  
$54.49 -0.85
-1.54%

$55.96

243,312
80.04% of 50 DAV
50 DAV is 304,000
$58.14
-6.28%
4/30/2019 $51.46 PP = $53.30
MB = $55.97
Most Recent Note - 6/7/2019 6:46:41 PM
Y - Showing resilience while consolidating above its 50 DMA line ($52.42) and recent lows which define near-term support to watch. Recently reported earnings +22% on +12% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Resilient After Latest Quarterly Report Missed Minimum Guideline - 6/3/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for CHDN CHDN - NASDAQ
Churchill Downs Inc
LEISURE - Gaming Activities  
$112.75 -1.44
-1.26%

$115.36

430,403
132.84% of 50 DAV
50 DAV is 324,000
$114.88
-1.85%
6/5/2019 $108.87 PP = $104.96
MB = $110.21
Most Recent Note - 6/10/2019 5:25:13 PM
G - Color code is changed to green after rallying above its "max buy" level with today's 8th consecutive gain. Prior highs in the $104 area define initial support to watch on pullbacks. Share price was impacted by a 3:1 split when last noted on 1/28/19.

>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Moving Average - 6/29/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for LULU LULU - NASDAQ
Lululemon Athletica
MANUFACTURING - Textile Manufacturing  
$171.63 +0.28
0.16%

$173.94

2,003,536
105.62% of 50 DAV
50 DAV is 1,897,000
$179.50
-4.38%
3/28/2019 $169.20 PP = $164.89
MB = $173.13
Most Recent Note - 6/6/2019 4:58:41 PM
G - Sputtering near its 50 DMA line ($171) after it found support last week near prior highs. Due to report Apr '19 quarterly earnings news after the close on Wednesday, June 12th. Volume and volatility often increase near earnings news.

>>> FEATURED STOCK ARTICLE : Volume Light While Hovering Near High - 5/10/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for ULTA ULTA - NASDAQ
Ulta Beauty Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$340.01 +2.96
0.88%

$341.89

428,359
59.99% of 50 DAV
50 DAV is 714,000
$359.69
-5.47%
3/15/2019 $341.27 PP = $322.59
MB = $338.72
Most Recent Note - 6/6/2019 4:56:13 PM
G - Posted a 3rd consecutive gain today with light volume. Still needs gains above its 50 DMA line ($345) for its outlook to improve. Rebounded from a deep early loss on 5/31/19 after gapping down. Reported earnings +17% on +13% sales revenues for the Apr '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Faces resistance due to overhead supply up to the $359 level. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering Below 50-Day Moving Average Following Sub Par Earnings - 6/6/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for ESNT ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$48.98 -0.36
-0.73%

$49.72

885,834
150.14% of 50 DAV
50 DAV is 590,000
$50.51
-3.03%
3/18/2019 $45.84 PP = $45.06
MB = $47.31
Most Recent Note - 6/10/2019 12:00:53 PM
G - Hitting a new all-time high today and its color code is changed to green after rising above its "max buy" level. Found support above its 50 DMA line ($46.79) during its consolidation in recent months. Recently reported earnings +15% on +20% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Still Hovering Not Far From 52-Week High - 6/5/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for NOW NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$266.29 -9.58
-3.47%

$279.86

1,466,149
82.93% of 50 DAV
50 DAV is 1,768,000
$281.74
-5.48%
4/22/2019 $242.64 PP = $251.75
MB = $264.34
Most Recent Note - 6/11/2019 5:52:38 PM
G - Pulled back abruptly today following 5 consecutive gains. Its 50 DMA line ($258.77) and prior high ($251.65 on 3/21/19) define near-term support to watch. Recently reported earnings +20% on +34% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Leader Consolidating Above 50-Day Moving Average Line - 5/29/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for QLYS QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$86.13 -2.60
-2.93%

$89.61

416,302
134.38% of 50 DAV
50 DAV is 309,800
$98.30
-12.38%
5/23/2019 $90.43 PP = $98.40
MB = $103.32
Most Recent Note - 6/10/2019 5:16:38 PM
G - Rebounded above its 50 ($86.05) today after finding prompt support near its 200 DMA line, however, its Relative Strength Rating is 72, below the 80+ minimum guideline for buy candidates. Met stubborn resistance in the $97-98 area. Reported earnings +36% on +16% sales revenues for the Mar '19 quarter, continuing its strong earnings history.

>>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure in Recent Weeks - 6/11/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for VEEV VEEV - NYSE
Veeva Systems Inc Cl A
Computer Sftwr-Medical  
$164.44 +1.93
1.19%

$165.49

1,218,839
92.69% of 50 DAV
50 DAV is 1,315,000
$166.93
-1.49%
5/30/2019 $154.32 PP = $145.80
MB = $153.09
Most Recent Note - 6/10/2019 5:18:10 PM
G - Today's 5th consecutive gain with above average volume leaves it very extended from any sound base. Reported earnings +52% on +25% sales revenues for the Apr '19 quarter, marking its 5th strong quarter with earnings above the +25% minimum guideline (C criteria).

>>> FEATURED STOCK ARTICLE : Big Volume-Driven Gain for New High Following Earnings News - 5/30/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for PAYC PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$213.83 -8.08
-3.64%

$223.79

926,799
124.40% of 50 DAV
50 DAV is 745,000
$230.90
-7.39%
2/6/2019 $171.66 PP = $164.18
MB = $172.39
Most Recent Note - 6/11/2019 5:49:56 PM
G - Pulled back today following a "negative reversal" on the prior session after hitting a new all-time high. Extended from any sound base. Its 50 DMA line ($201) and recent low ($194.84 on 6/03/19) define important near-term support to watch on pullbacks. Reported earnings +25% on +30% sales revenues for the Mar '19 quarter.
>>> FEATURED STOCK ARTICLE : Posted Volume-Driven Gain While Hovering Near All-Time High - 5/31/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for PYPL PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$114.60 -1.02
-0.88%

$117.45

5,006,218
80.95% of 50 DAV
50 DAV is 6,184,000
$117.35
-2.34%
1/24/2019 $92.56 PP = $93.80
MB = $98.49
Most Recent Note - 6/7/2019 6:44:08 PM
G - Managed a best-ever close with near average volume behind today's 4th consecutive gain. It did not form a sound base yet promptly rebounded after violating its 50 DMA line and prior low ($106.52) on 6/03/19 triggering technical sell signals. Recently reported earnings +37% on +12% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Hovering Near All Time High Extended From Any Sound Base - 5/15/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for PLNT PLNT - NYSE
Planet Fitness Inc Cl A
Leisure-Services  
$76.60 -1.69
-2.16%

$78.93

1,604,978
112.79% of 50 DAV
50 DAV is 1,423,000
$81.76
-6.31%
11/7/2018 $57.10 PP = $55.45
MB = $58.22
Most Recent Note - 6/10/2019 5:26:43 PM
G - Extended from any sound base. Found support above its 50 DMA line ($74.83) and prior low during the recent consolidation. Violations would raise concerns and trigger technical sell signals. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Pulling Back From High After Impressive Rally - 5/23/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
StockCharts.com Latest Chart for BLD BLD - NYSE
Topbuild Corp
Bldg-Constr Prds/Misc  
$80.73 -1.26
-1.54%

$82.53

359,048
116.20% of 50 DAV
50 DAV is 309,000
$87.21
-7.43%
5/17/2019 $82.19 PP = $87.31
MB = $91.68
Most Recent Note - 6/7/2019 6:36:20 PM
Y - Posted another gain today with light volume. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure Near Prior High - 5/20/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for TEAM TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$128.93 -4.07
-3.06%

$134.99

1,748,660
95.71% of 50 DAV
50 DAV is 1,827,000
$137.78
-6.42%
5/24/2019 $129.52 PP = $132.09
MB = $138.69
Most Recent Note - 6/7/2019 6:35:11 PM
Y - Posted a 4th consecutive gain today with lighter than average volume and ended at a best-ever close. The 50 DMA line and prior high ($117)define important neat-term support to watch. Reported earnings +133% on +38% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.

>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After "3-Weeks Tight" - 5/24/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for UPLD UPLD - NASDAQ
Upland Software Inc
Computer Sftwr-Enterprse  
$49.54 -3.23
-6.12%

$54.58

977,282
207.49% of 50 DAV
50 DAV is 471,000
$54.87
-9.71%
6/10/2019 $53.30 PP = $50.74
MB = $53.28
Most Recent Note - 6/11/2019 1:06:13 PM
Y - Abruptly retreating today with volume running at a heavy pace. Highlighted in yellow in the prior mid-day report with pivot point cited based on its 5/17/19 high plus 10 cents. Rose from an advanced ascending base as a big volume-driven gain triggered a technical buy signal. Found support above its 50 DMA line ($45.30). Completed a new Public Offering on 5/08/19. Quarterly comparisons through Mar '19 have shown impressive sales revenues growth and greatly improved earnings increases above the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Rose From an Advanced Ascending Base - 6/10/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for GLOB GLOB - NYSE
Globant SA
Computer-Tech Services  
$96.05 -0.07
-0.07%

$100.99

400,229
105.32% of 50 DAV
50 DAV is 380,000
$97.23
-1.21%
2/15/2019 $69.35 PP = $70.00
MB = $73.50
Most Recent Note - 6/10/2019 5:19:56 PM
G - Hit another new all-time high with today's 5th consecutive gain on lighter than average volume. Very extended from any sound base. Its 50 DMA line ($83) defines important support where a violation would raise concerns and trigger a technical sell signal. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Earnings News Due While Perched Near All-Time High - 5/7/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

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Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

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