Gmed stock price forecast fibonacci retracement levels place

Fibonacci retracement levels place GMED’s key support at $60.30 and next resistance at $66. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. In the ensuing decades, this need is expected to keep increasing. The United Nations estimates that by 2050, there will be more than 1.5 billion individuals worldwide who are 65 years of age or older, accounting for about 16% of the global population. In regions like Europe and North America, where the proportion of people 65 and older is predicted to reach 26.9% by 2050, this demographic change is likely to manifest particularly strongly. The GMED stock price forecast currently aligns with a steady upward trend line channel starting from late March lows. If macroeconomic data remains favorable, the stock could test resistance at $65 before quarter-end.