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 of info on .
Instructions: Read my notes in numerical order. Symbols are colour coded to match colour of notes.
WARNING: This information is an estimated guess on what I may think could happen not what will happen. Please do your own research and feel freel to offer your comments or ideas.