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GTx, Inc. Message Board

  • sandyeggojake sandyeggojake Jul 10, 2013 1:50 PM Flag

    $GTXI testing key level of resistance at $7.14 then it is off to ~$8

    With the $7 level now here, the $7.14 level has gained techncial significance over this swing (May 22nd high and June 18th close / swing high close... and already today's high. But really there is nothing special about this mark. It's just the level at which the May 22nd spike petered out. We are actuaul at the start of a nice gap fill, going back to Oct 2009. (Top of gap at 8.83, with some resistance starting at $7.72/$7.84). We expect technicals along should push $GTXI over $7.14 towards the $8 mark.... even without any data results. With positive data? We see it rocket with some putative resistance at the $11 then the $13 level. The 5yr daily chart is a sweet rounding bottom, ready the key rally phase. Last call.

    Sentiment: Buy

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