Globe LifeGlobe Life Inc.BATS:GLPacoW1. Price is under the 50-day MA That blue line at ~137 is above price. Trend = down. In a downtrend you short pops, not buy dips. 2. Major resistance zone above (132.5–138) Price already rejected this area multiple times. Your chart shows a textbook “lower high” forming right under resistance. 3. Structure is bearish You have lower highs + lower lows since October. The current candles show weak buyers, no momentum. 4. Risk/reward favors downside Upside is capped by heavy resistance. Downside is open toward 127–124. 5. No bullish reversal signal No strong green candle, no break of structure, no reclaim of the 50MA. Nothing to invalidate the downtrend. Conclusion: GL is a sell because it's in a clear downtrend, rejecting a strong resistance zone, and failing to show any bullish shift. Ideal trade is short into resistance with small stop and bigger downside targets.