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123tom

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123tom

Re: tradervader post# 883

Monday, 04/21/2014 9:36:22 PM

Monday, April 21, 2014 9:36:22 PM

Post# of 3833
I think the fundamental story for GALT is strong. The other folks here who understand the fundamentals have a good handle on that. Theyre taking a nap today it seems, but I only have a bit of technical charting to offer, for what that's worth. and I wasn't worried about the drop to10. I completely expected it and forecasted it. It could easily happen gain if sellers jump in at big resistance levels. and we don't see any good news coming out in the next month or two. If GALT price action moves only on technical trading, then this resistance zone at 13 and 15 will need to be watched for a while. 14 area as well.

This is not clear sailing right now at all for GALT. Its going to be tested soon at 13 area (the weekly 20 ma is at 12.75)

its caution time for whipsaws, back to retest 10
very important now for 11 area to hold support.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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