Replies to post #692 on Galectin Therapeutics Inc. (GALT)

[123tom]

Thanks familyman, excellent response so far.

So if the fundamentals are solid, now as a technical play, I think I feel safe to set some more bids at bottom zone targets again.

I have my next buys in the docket set at 13-13.40 area.
I don't know what price action will do in volatility in the next day or two, but we've seen what its done in both directions.

the targets up and down are big wide swings. Right now, price is back in the 15.50-16.50 (16) middle balance zone. It wont stay there forever.

If there are strong MM forces that can and will keep price below 20 dollars for a while, and pump and dump gamers like AF who want to slam down the price, then we might very well see another retest of bottom zones.

I would call anything below 14 a target zone to anticipate. stronger support exists closer to 13 area.
a slam down again to 12.50-12 area would be a gift . maybe even 13 area.

and maybe taking a little profit at the 18.50 area is ok too by the looks of things.