Gala analysis is straightforward. An upward move with 5 impulse waves followed by a downtrend move unfolded in 5 waves (not so sure about the corrective waves count) and then price breaking the downtrend line. It is upward time unless something strange happens like a very negative fundamental news about Gala. Let's see what happens.
Kommentera:
Kommentera:
So, GALA went up, broke the second minor downtrend line, made a pullback, and then continued upward.
So, GALA went up, broke the second minor downtrend line, made a pullback, and then continued upward.
Kommentera:
GALA is going toward the first horizontal resistance area. Let's see what happens.
GALA is going toward the first horizontal resistance area. Let's see what happens.