GLN 0.00% 14.5¢ galan lithium limited

Charting, page-25

  1. 6,892 Posts.
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    What?
    If you google beautiful chart right now...it will point to GLN.

    MA's, MACD...are ALL looking really good...very bullish.
    It had a "cup with handle" a few weeks ago also which would be a top 5 buy signal.

    ** It's important to note:
    TA and charting are 2 very different things IMO.

    Overbought? it's up ONLY 50% from a base of 32? (This from a stock dramatically undervalued the past 6 months.)

    The thing with charts is you can take ANY chart...good or bad and find something that says BUY or SELL.
    That's why I STOPPED using looking at them 20 years ago after studying them for 10 years before that.

    They are more of a confirmation.

    Check out GLN latest drilling results...
    If it got to $1.4 in the next 3 weeks...yes, them it might be overbought but, right now...Not even close.

    We are just starting.


    IMO
    DYOR!!
 
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