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Galileo Resources - GLR
- Trendfriend
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8 years 10 months ago #14707
by Trendfriend
Galileo Resources - GLR was created by Trendfriend
We know we are in the midst od a bull market, when previously unheard of stocks rally 20. 30, 40% intraday!! 
Galileo is perfect example here....
I'm long, and been trading this for a while.....holding soem currently....
Always a sign of a stock likely to go higher when a rally consolidation completes above the previous peak....effectively a pivot level....
The level to buy(or add) now is a close above 7.75p....and if it can clear that and get a weekly close above 10.25p. The target and i'm being cautious here is above 25p(it's bull market, right?!?
)
This stock is dangerous, so stops are a must, and i have mine just below the pivot which is at 5p....
atb, wdik, dyor,
trendfriend
Galileo is perfect example here....
I'm long, and been trading this for a while.....holding soem currently....
Always a sign of a stock likely to go higher when a rally consolidation completes above the previous peak....effectively a pivot level....
The level to buy(or add) now is a close above 7.75p....and if it can clear that and get a weekly close above 10.25p. The target and i'm being cautious here is above 25p(it's bull market, right?!?
)This stock is dangerous, so stops are a must, and i have mine just below the pivot which is at 5p....
atb, wdik, dyor,
trendfriend
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