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$GLXY - Technical Analysis Breakdown 🧵(1/4)
Recently uplisted to NASDAQ, this company is still fairly underground and undervalued. Retail and institutions have yet to uncover what's behind the hood entirely. But when they do, there is no doubt this will be one of the hottest cryptocurrency-adjacent stocks on the market.
Below I provide the preliminary Wave 3 targets for Galaxy Digital after it has finished Wave 2 at the .5 fib retracement (after the uplisting to NASDAQ).
Below we can observe that a downtrend break (teal line) initiated Wave 3 and it has shown strength from this point on, with a series of subwaves taking place, that I will further discuss in this thread.
Currently, GLXY is attempting to overcome the $32 PT for Wave 3, after which it WILL continue to the upper level PTs between $41-50. A measured Wave 3 target mathematically targets $45.
However, I believe this company is so undervalued at this point in time based on its fundamentals and thesis, that it deserves to be re-rated and may not entirely respect the typical EWT whatsoever. Time will tell if it chooses to overextend.

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