Gevo seems to follow the tech sector closely. A lot of other tech stocks saw this trend recently too.
A very steep downward triangle got broken. Double bottom too. This seems to indicate a bullish pattern.
My first PT would be at 8. Second PT is at 10 where it meets a big resistance, where a triple top was formed.
Stop loss is at 6.3 or 6.4
One thing we lack is volume or a catalyst. It might pop then, but move up slow until that time.
What are your opinions?
A very steep downward triangle got broken. Double bottom too. This seems to indicate a bullish pattern.
My first PT would be at 8. Second PT is at 10 where it meets a big resistance, where a triple top was formed.
Stop loss is at 6.3 or 6.4
One thing we lack is volume or a catalyst. It might pop then, but move up slow until that time.
What are your opinions?
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