GAXY - Has GAXY consolidated for a new up trend? Let's examine .

GAXY has been trending down for awhile and I thought I would try examine more closely as to what GAXY may be doing in the short term.
I am a newbie at technical analysis but have given this a fair go using bollinger bands and moving averages as indicators to understand price movement versus volatility.
Apologies if the image is a little squashed -tried to fit alot of info on .

Instructions:
Read my notes in numerical order.
Symbols are colour coded to match colour of notes.


WARNING:
This information is an estimated guess on what I may think could happen not what will happen.
Please do your own research and feel freel to offer your comments or ideas.

Cheers,