Rob
You may not know ..being a newbee
But Galaxy was trading at 82 cents just over a month ago.
about 12 percent lower then the current SP
Only negatives have happened since then.
SP has already dropped from the spike to $1.10
The downtrend is now continuing and 82 cents wont be any resistance.
Galaxy has been a falling knife for more than a year.
There are reasons Galaxy is the most shorted stock on the ASX.
I think one of them is the amount of people willing to waste there money.
Cheers
GXY Price at posting:
92.5¢ Sentiment: Sell Disclosure: Not Held