Galectin Therapeutics Inc. (GALT)

[123tom]

yeah, a 'quiet' day, yesterday.....

low volume, a pausing moment between tight S/R points 12.25 and 11.50

no great price moves...but odds are we will see another one soon enough, in either direction. Impossible to predict right now.

Otherwise, to reiterate the 11.50 and lower is a technical traders buy zone. Resistance overhead starts at 12.00-12.25 ,and all the way to 14.50-14.75 area... in the present moment.

Old balance point zone 15.75-16.25 is still in play.
But these days it appears the down wave pullback is ongoing, hitting the expected targets .It will be interesting now to see if price bounces again around 11.50 and holds a bottom there again , or falls lower. See the zone of those January pivot lows, from 11.70-11.20, as one big target area.

Stink bids should be placed Below 11.20


(Mine are around 10.65 area for now.)