Not Financial Advice - Just perfecting a process...
Galaxy Next Generation, Inc. manufactures and distributes interactive learning technology hardware and software that allows the presenter and participant to engage in a collaborative instructional environment. The company's products include private-label interactive LED touch screen panels, communicator bells,...
The other day it bounced off a supporting fib, and the moving average, but got rejected from the fib above.
Could move sideways between the two fibs, but eventually break out again.
You can see some days had wild movement, so buy the support, and set a nice sell price and hope it's randomly touched.
This company fundamentally looks terrible to me, a small cap con...
GAXY saw the formation of a bullish engulfing candle signaling a move up and return to the uptrend with the formation of higher lows. Support at 0.035 has been further strengthened with another successful test. Price target 0.05
GAXY - is producing great looking support on the uptrend. After a successful test of 0.035 resistance/support we see a bullish reversal hammer forming. Great opening for the run up to re test 0.050 and beyond.
GAXY saw a bullish engulfing candle form on the last hour of trading this signals a move up to test the 0.05 resistance. I expect see the continued formation of lower highs following the trend line. I am looking for the upward lower trend line and the resistance at 0.05 to form a bullish ascending triangle before making an entry.
GAXY has a possible formation of an "Evening Star" doji that signals a reversal after an uptrend. We may see a pull back to test 0.045 or 0.035 support levels. Although the evening start is a bearish chart pattern, I believe the incoming volume and solid momentum will hold the upward channel so I am still bullish on this one and I think this may be a good entry...
I'm all in on this one, seems like an amazing risk to reward ratio, the stocks is hugely undervalued. The stock shows huge institutional interest, with it being hugely oversold, leads me to believe it's an amazing investment.
I have faith in $GAXY
@Galaxy_Next_Gen
because of
1. Transaprent management team. Thanks to CFO
@Magen_McGaheeG2
in clearly communicate with investors.
2. G2 suite provides one stop solution for schools (e.g, cov shield, interactive panel, school alert, teacher view software)
(fm @twinWyn)
to the moon... gotta get these kids back to school
About Galaxy Next Generation, Inc.
Galaxy Next Generation (OTCQB: GAXY) is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. Galaxy's products include Galaxy's own private-label interactive touch screen...
Darling...
Galaxy Next Generation, Inc. distributes interactive learning technology hardware and software that allows the presenter and participant to engage in a collaborative instructional environment. The company's products include private-label interactive LED touch screen panels, classroom audio, school PA, intercom products, and accessories, as well as...
GAXY has been trending down for awhile and I thought I would try examine more closely as to what GAXY may be doing in the short term.
I am a newbie at technical analysis but have given this a fair go using bollinger bands and moving averages as indicators to understand price movement versus volatility.
Apologies if the image is a little squashed -tried to fit alot...
