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Danny Naz highlights that GLXY is currently testing a significant weekly resistance level near 34.33. A decisive break above this area could suggest a shift in the stock's trend, with room for a move back toward its previous highs.
Naz previously noted continued strength on the monthly charts for SPY, QQQ, and IWM, with updates also tracking Bitcoin and GLD in recent coverage. He has also reported that TSLA 435C call options for June 5 moved into the money during after-hours trading, as detailed in an earlier report. The recent activity in GLXY comes as Naz monitors high-profile names and key technical levels.