A chance at 40%+-80%+ returns?
I know nothing about Gala, but the chart looks very bullish.
The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think $GALA rallies to at least $.037 but I think eventually it gets up to $.048.
I know nothing about Gala, but the chart looks very bullish.
The chart looks like it's formed a large falling wedge which broke out and then formed an ascending triangle bottom. Upon a breakout of the triangle, I think $GALA rallies to at least $.037 but I think eventually it gets up to $.048.
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My line in the sand is $.02537. Price needs to get back up above there and hold. If it rejects that range, then price will head lower.
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Okay just formed a double bottom and held the bottom range. The rally would need to happen in the next 2 days -- again price needs to get back above $.02537 for it to head higher. Let's see what happens at the new daily open.
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Rejected $.02537. Bias is down now.
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Resistance now broken. Chart is looking more constructive. Upper targets remain next targets
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I'm 50/50 on this idea but I'm not going to take the trade. Market is rolling over - don't want to be long risk.
If we can't break above the triangle by tomorrow, then it likely goes lower.