Galectin Therapeutics Inc. (GALT)

[123tom]

GALT chart is starting to show some detail now....

Finally , after the collapse, GALT has some technical shape developing, some technical points of attraction to see on the chart.
some pivot points of support and resistance, pullback targets, and top zone targets, as the Cloud above starts to float down like evening fog...

From the bottom made at 4.28, I see these key points in play

4.90 -5.00 support and pivot
5.15-17 pivot support zone
5.35 support
5.45/ 5.50 /5.60 /5.70 support zone...{all these are targets for the next pullback}

6.00-6.10 current Neutral zone currently.

6.30-6.40- Resistance zone
6.70 resistance
all points here are current resistance

pivots at 6.70 area
7.10 area
7.25 area ( intraday)
and daily pivots at
7.50
7.70....all resistance zone.

and then into the 'cloud' zone heading toward the
8 dollars zone
the daily 50 ma currently around 9.60, heading toward the 8 cloud.

higher zones as shown at old bottoms around 10
10.70
11-11.70 . I might guess we will see the 50 ma get touched around that cloud zone in September.. If the direction continues to point that way..

http://stockcharts.com/c-sc/sc?s=GALT&p=D&yr=0&mn=2&dy=0&i=p16106511613&r=1409526906800


http://stockcharts.com/c-sc/sc?s=GALT&p=D&yr=0&mn=2&dy=0&i=p85332894722&r=1409529339416