Galaxy Resources Ltd. (fka GALXF)

[nrcmedia]

123tom...this has been a tough one to trade...that's why I don't trade. You are right about the resistance, but there are 'fundamental' reasons...not technical ones. You have this one track mind about technicals at times that discounts fundamentals. Learn to do both...and you'll be good at this :) After 50 some odd years of doing technical and fundamental research, I have found that you can't have one without the other. The technicals can belie the fundamentals at times and vice versa. They both have to line up. In this case the fundamentals are lacking...there has been a postponement of the plant opening....which cases a delay in shipments to Mitsubishi....which causes a loss of faith in the companies management. They are losing my faith quickly because of this latest delay. I am not going to sugarcoat it...but the technicals didn't lead me to that conclusion...it was the fundamentals. You need to get away from that 'gold and silver' board over there with the little hitler running things...he has started to affect your charting skills ... :)