Galena buying opportunity?Bullish MACD, Neutral/Bullish Stoch + RSI, Price is above 50 + 200 EMA. Why not purchase a couple of round lots, make a few bucks?
GALE
Gale bounces off whenever RSI hit 0.30History will repeat itself, watch the bounce off the RSI 30, it did it many times and hopefully thats bullish sign this time as well.
GALE- Long from current priceGALE seems forming a fallen-angel pattern. As it breaks above the EMA lines it can have a quick upward run. we would consider taking this trade at these prices as it has closed above its 20 day SMA
GALE to long from 0.51GALE seems forming a fallen-angel pattern. As it breaks above the EMA lines it can have a quick upward run. Break of 0.51 will be perfect for long entry & we are looking 0.67 as our first target but it can go much higher.
You can check our detailed analysis on GALE in the trading room/ Executive summery link here-
www.youtube.com
Time Span: 6:00"
Trade Status: Pending
$GALE has some serious upside!Just from using the Accum/Dist indicator it shows that there is a lot of upside here. Yeah i know the reason as to why the stock collapsed, but if you bought at the lows you are looking at huge gains in just a matter of days. I think we could see a move towards at least $1.50 in a very short time.
Plenty of room to run with GALEGale looks to be steadily recovering following their downturn last week. look for it to enter the .236 retracement by next week at the latest should this trend continue.
