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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > New High For Move By Next Thursday
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Post by SchiffKnowsBest on Sep 13, 2012 5:34pm

New High For Move By Next Thursday

Couldn't quite pull back to $1.12 eh double top? For all those playing at home.....We have some new shorts today judging by the action......Don't worry.....They haven't fully covered their positions today......BUT THEY WILL........SOON!

Keep this simple. Listen to those who have been right in the past....That's all I am doing. BMO is basically telling us via the terms of their loan that there is a deal to be announced. RJ has been solid in their forecasts, and Neinstein has called this bang on for a while now. Look at what RJ's report is saying, and read Neinstein's post from this morning.....

https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=31523676&l=0&r=0&s=GWY&t=LIST

If you're still not getting the picture.....Look at the chart from today. Broke the 200 day moving average severely, then rallied back significantly through it, and closed at the high of the day on the last trade. We are going much, much higher, and we'll IMHO we will be at new highs for this move ($1.44) anytime between now and next Thursday.

Comment by oakarbor on Sep 13, 2012 6:31pm
Today formed a beautiful right shoulder on a picture perfect inverted head and shoulders pattern, with todays downside forming right shoulder.  The move to $1.16 may have been it though we could see a little more as gold is due for a healthy little pullback. Then a break above $1.40  would target a price of $2 That's if you believe in technical analysis on these little guys ...more  
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