Reminder 200 MA=3.11 RSI is so low now this nice pop should continue on the recent news and BUY recommendation, institutional buying:
Galena Biopharma Inc.'s stock surged 5.06%, to close Tuesday's session at $1.66, after hitting a new 52-week low of $1.56. The stock recorded a trading volume of 1.77 million shares, below its three months average volume of 1.92 million shares. Over the previous three trading sessions and the last one month, Galena Biopharma Inc.'s shares have declined 8.29% and 26.87%, respectively. Further, from the beginning of 2014, the stock has plummeted 66.53%. The company's stock closed below its 50-day and 200-day moving averages. The stock's 200-day moving average of $3.11 is above its 50-day moving average of $2.30. Further, Galena Biopharma Inc.'s stock has an RSI of 23.03. Register for free on Investor-Edge and access the latest research on GALE at:
www.Investor-Edge.com/GALE-15Oct2014
