GLBE

"GLBE presents a compelling oversold bounce opportunity with RSI at an extreme 22.58 and price below the lower Bollinger Band, signaling deeply oversold conditions near the 52-week low ($26.64). The stock is testing critical support at $29.50 (+0.7% from current price) with volume 2.09x average, suggesting capitulation selling may be exhausting. Institutional conviction remains strong with Keenan Capital adding $3.56M to their position (95,988 shares) in February 2026, bringing GLBE to 13.4% of their portfolio despite the 47% drawdown. Analyst consensus remains "Moderate Buy" with an average price target of $50.09 representing 68% upside from current levels. The forward P/E of 25.95 is significantly more reasonable than the trailing P/E, indicating growth expectations. Cross-border e-commerce fundamentals remain intact with 25% YoY growth in service fees and strong Black Friday/Cyber Monday performance. The market regime is in transition with VIX contango and broadening market participation supporting risk-on positioning for beaten-down growth names."