I'm short for the short term, long for the long term!
From looking at the weekly for GEVO, I think it has another week to go before completing its correction... why?
* In reviewing other green energy (GE) stocks they all corrected below the 20 SMA in the weekly charts, this has yet to do that
* Also with other GE stocks, they corrected back closer to the .768 level, and we're just below .618
* This looks to have support ~4/share, and that would be a likely place for it to find support.
I'll be watching for signs of a rebound. If it holds to my assumptions, then I think in the initial bounce we'll see ~13 before it does it's next retracement.
From looking at the weekly for GEVO, I think it has another week to go before completing its correction... why?
* In reviewing other green energy (GE) stocks they all corrected below the 20 SMA in the weekly charts, this has yet to do that
* Also with other GE stocks, they corrected back closer to the .768 level, and we're just below .618
* This looks to have support ~4/share, and that would be a likely place for it to find support.
I'll be watching for signs of a rebound. If it holds to my assumptions, then I think in the initial bounce we'll see ~13 before it does it's next retracement.
交易進行
I bought in at 7.62 after it broke above the resistance line.
I'm not a financial advisor and I'm not offering investment advice. Please consult with your own financial advisor prior to making investment decisions!
Good luck and I'm always happy to hear from you.
Good luck and I'm always happy to hear from you.
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I'm not a financial advisor and I'm not offering investment advice. Please consult with your own financial advisor prior to making investment decisions!
Good luck and I'm always happy to hear from you.
Good luck and I'm always happy to hear from you.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。