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GLE.U NEWS why is Galileo Acquisition Corp [gleo.u] price falling or rising

GLE.U NEWS reasons for why stock price of Galileo Acquisition Corp [gleo.u] is falling or rising

GLE.U Galileo Acquisition is falling or rising technical reasons

Technical analysis forecast for Galileo Acquisition Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Galileo Acquisition GLE.U at this time. Stock is falling and might fall more.

It appears as if Galileo Acquisition GLE.U gave a large move recently.

Stock of Galileo Acquisition (GLE.U) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Galileo Acquisition is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10.3, for a target of 10.7 or 11.06

GLE.U Galileo Acquisition is falling or rising NEWS fundamental reasons

More announcements and NEWS

GLE.U Galileo Acquisition Corp [gleo.u] current price & indicator signals

Moving Averages for Galileo Acquisition Corp [gleo.u]

  • 5Day Average: 10.89
  • 12Day Average: 11.09
  • 20Day Average: 11.09
  • 50Day Average: 11.19
  • 100Day Average: 10.99
  • 150Day Average: 10.73

GLE.U Indicators & signals

Indicator MACD (12,26,9)

10.98, 11.08, -0
Indicator MACD is in negative zone

Indicator ADX (14)

10.34, 37.14, 45.71
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GLE.U Galileo Acquisition Corp [gleo.u] are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Wed Sep 2021 9.80 9.80 to 10.05 -12.19% 0.35 times
21 Tue Sep 2021 11.16 11.16 to 11.30 0.36% 2.59 times
20 Mon Sep 2021 11.12 10.96 to 11.85 -0.36% 3.88 times
17 Fri Sep 2021 11.16 11.11 to 11.16 -0.45% 1.53 times
16 Thu Sep 2021 11.21 11.21 to 11.21 -2.52% 0.18 times
10 Fri Sep 2021 11.50 11.03 to 11.98 0.26% 0.47 times
03 Fri Sep 2021 11.47 11.47 to 11.47 0% 0.06 times
03 Fri Sep 2021 11.47 11.47 to 11.47 5.13% 0.06 times
02 Thu Sep 2021 10.91 10.91 to 10.91 -1.8% 0.24 times
30 Mon Aug 2021 11.11 11.11 to 11.11 0% 0.24 times
24 Tue Aug 2021 11.11 11.10 to 11.63 0.63% 0.76 times
17 Tue Aug 2021 11.04 11.04 to 11.25 -0.81% 0.94 times

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GLE.U NEWS why is Galileo Acquisition Corp [gleo.u] price falling or rising

 

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