Galectin Therapeutics Inc. (GALT)

[123tom]

GALT price holding support at 4.50 today......


might be a bullish signal.
On the technical chart, a bottoming point around 4.00-4.25 followed by a pop back to test 4.90-4.70 area so far, is now pulling back into the middle of that muddle, around 4.50.....technically this is what you want to see, and now I want to see price Hold strong support here around 4.50 and make its bottom base here. Today , is one day it did exactly that. actually, a 3 or 4 day process.... and achieving the 4.50 today.
you can see how price bounced in earnest at 4.50.
I see todays price action as a 'good sign'
we'll have to watch now to see if tomorrow and the rest of the week show support .