Grupo Financiero Galicia SA

GGAL remains in a Stage 2 advance with its long-term uptrend intact above the 50 DMA, but short-term weakness under the 9 and 20 EMAs—and an active Bullish Exhaustion pattern—suggest executing now would be premature. We will stalk for pullbacks into the rising 50 DMA/prior higher-low support area, looking for price acceptance as the ideal entry opportunity.

• ↑Forecast 20%–25% loan growth by 2026, driven by commercial lending
• ↑Declared ARS 40 billion cash dividend, yielding 1.08%
• ↓Q1 net income plunged 66% YoY due to elevated NPL provisions