$GALA is holding a key area of support between $0.03519 - $0.03196. On holding this support area watch for a rally back above $0.04.

On loosing this support area watch for further breakdown move to the yellow target area that lies between $0.04768 -$0.02816.

The yellow target area is the minimum target area for an Elliot wave 2, after an aggressive rally in a wave 1 that peaked above $0.067.

Once we have a low in place for a wave 2, I expect a rally in an impulsive Elliot wave 3.