Got this report in my email this morning.... looks like a $3.50 share price is on the cards !!
Michael **le, Fairmont Equities
BUY RECOMMENDATIONS
Galaxy Resources (GXY) Chart: Share price over the year
A few weeks ago, this lithium focused resources company finally broke this year’s downtrend. We now expect GXY to rally higher. Despite some short term resistance near $2.50, GXY should re-test its January 2017 high near $3.50 as it finally resumes the longer term uptrend. The shares were trading at $2.62 on September 14.
GXY Price at posting:
$2.68 Sentiment: None Disclosure: Held