Can GALT Vault Back Above The 200?Looks like GALT is back hanging out around the 786 level again. This is where it was trading around before the last big spike. But there's also another level to keep track of which is the 200DMA. Now that GALT is below this level, the 200 might be another possible area of resistance. Given the post-market action on Friday (7/30), GALT managed to break above the 200 ($2.82) briefly before sliding back down to that same level by the close of the aftermarket session.
Aside from technicals, there are also some fundamental things to note about GALT and you can Read More On GALT stock: 8 ‘Must Watch’ Penny Stocks For Your July 2021 List
