GALECTIN THERAPEUTICS INC NASDAQ:​GALT

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NASDAQ:GALT

Trade can go both ways. For now the play is long, however, take quick profits. Head and shoulder pattern setting up.

Trading on higher than average volume and the candlesticks are very bullish in movement. MACD and RSI look great as well.

weekly demand

GALT TRADE IDEA - 200ma Support Bounce Candle over candle confirmation off the 200ma support bounce with price action crossing our 7ma. RSI moving towards the 50. Look for price action to move to the 100ma line for a swing.

Here is another one. parabolic breakout with great OBV. This one could go into the teens or higher. this could be an easy double your money.

GALT has shown an ascending pattern over the last few days and it is soaring over this past trading day (12/29/2017). It broke yesterday’s resistance level and ran up to a high of 3.84 before it started selling off. Moreover, the stock rode the 13EMA for the past few days. It re-tested the 13EMA earlier today before bouncing back up. I re-evaluated a potential...

GALT Island gap on Daily chart Yesterday candle pin bar on MA200 and MA 20

short <2.32 stop - 2.4 target 1.95

Long > 1.10 / 1.17 Stop - 1.05 Target - 1.38

Short til confirmation. Harmonic pattern could drive price to around 1.03, but a continuation of the downtrend would sink GALT to low .60s.

buy .86 tp .92

buy .87 tp .93

hopeful to capitalize on CD leg if it heads lowers