ok time to chime in...
...have had a look at the daily and the monthly charts...some like to post their busy charts...i'll go with some simple commentary
...some real symmetry/harmony falling into place...
>>the price action today confirms a higher low on the monthly chart....a very significant BIG picture move
>>the base down of this move occurred at 40c therefore the run down was from 69.5 to 40c a move down of 29.5c
>>the prior move down from 58c to 28.5c was the same 29.5c
>>the subsequent run up out of the 28.5 low went to 69.5c a run of 41c...therefore
>> for the tech's amongst us this gives a logical price target upwards this time round of 40c + 41c = 81c ...i'm looking for a top in early November...IMHO only.
anything can happen of course...but 20 years of study and trading has proved to me "what has been before shall be again"...I.E. ranges repeat in both time and price
lets see !
Galaxy... GXY... Chart..., page-4375
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