Galaxy... GXY... Chart..., page-3586

always amuses me when the chart threads have no charts in them...

zoom out a bit, switch to weekly view rather than fret over the day to day action. keep it simple.

1. dont think it wont go lower, this was a 3c stock 1.5 years ago, wonder how many holders from then there still are who would happily pull the pin at 40c's...
2. currently in a downtrend, the trend is your friend. today it made a new lower low, closed at its lowest price since last december...
3. previous support was found on 60day moving average. keep an eye on that level (currently, 40.5c)
4. look at other lithium stocks, notice the trend? general market sentiment has cooled off, could still be a lot of hot money in the game.
5. watch for signs of trend change: price moving above downtrend line, moving average cross overs, mac-d and stochastic crossovers etc...

hope that helps