The chart for micro-cap Galena Biopharma (GALE), an oncological treatment firm, showed a bullish Continuation Wedge at Monday’s closing price of $3.22. The bullish pattern indicates that GALE could move 70% or more to a target of $5.50 to $6.00 in the next 24 trading days. GALE is down in Tuesday’s trading, but that could simply offer an even better entry point for traders.
Trade of the Day: 3 Small-Cap Stocks Under $10 Set to Spike
Three small-cap gems could deliver big-time gains in the short term
Article printed from InvestorPlace Media, http://investorplace.com/2014/03/trade-of-the-day-3-stocks-under-10-set-to-spike-jaso/.
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