well, tvader...... okay, .... if you want to be optimistic...
lets look at that for a second..... the Gap begins at 7.70 area. but before it ever gets there price action will have to fight its way thru resistance points, from 5.00 - 5.50-5.60 area, then thru 6..00-6.25-6.40 area, then 6.70, then thru the 7.00-7.50 area, to get to the 7.75 Gap beginning zone....and the Gap ...where is the central part of it ....8.00-10.00. ??
there are a few key markers for targets in that zone. but more target markers at 5.50/6.25 area to start with.
Maybe stair steps , one or two at a time, could climb back up the mountain. to make it back to 9 area ? but after this bad collapse.... it would be a first achievement just to recover back to the key moving average at 6.25 area for now.
Thats what I'm looking at anyway.
GALT needs good fundamental news release to inspire buying, and get back to those 1 dollar price pops. it used to do all the time.
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