Even though the Close (red line) is still tangled up in past price action and the Standard (blue line) offered temporary resistance GALE is moving out of the cloud with stochastics unwinding out of oversold and pointing up. The upside potential could be considerable if GALE should be acquired which is likely.
is a fantastic indicator which has all of the aspects of Fibonacci, and theory built in. Once you learn it all it takes is a glance at any chart to predict future price action. Learn more here: