GLB reversalGLB looks like a reversal on the wekly with a strong earnings result causing them to BO of 3.50 resistance. Nice retest of that level was daily entry ( missed ), likely targetting next level of 4.55
GLB trade ideas
$GLB #ASX - Globe International about to run?Globe International Limited is engaged in the specialized production and distribution of purpose-built apparel, footwear and hardgoods for the board sports, street fashion and workwear markets globally. The Company's segments include Australasia, North America and Europe. The Company's divisions include Globe, Dwindle Distribution, Hardcore Distribution, 4Front and FXD. The Company's brands include Globe, Dwindle Distribution, Enjoi, Blind, Almost, Cliche, Darkstar, Tensor, Dusters, FXD and Sample. The Company also maintains diverse licensing and distribution of various third-party brands for the Australian and New Zealand markets through its Hardcore Distribution and 4Front divisions. The Company offers various products of third-party brands, such as Stussy, OBEY, KOMONO, Misfit Shapes, X-Large, Zero, Andale Bearings and Kryptonics Wheels. The Hardcore Distribution division is a distributor of over 30 skateboard brands, including Girl, Flip, Chocolate and Thrasher.
Not a heavily traded stock, but good consistent gains over the year supported by good financials. Might be worth a watch.
