Both AMDA and GEVO were both in a symmetrical triangle wedge that broke out after decreasing volume from the initial large pop in volume upwards. Chart Created 8/3/16.
RSI about to break trend, fisher about to have a bearish cross, and on balance volume starting to turn down. Careful here
RSI about to break trend, fisher about to have a bearish cross, and on balance volume starting to turn down. Careful here
Inverse Head & shoulders to cup, the handle will form later
This wk targets .67 low/ $.76 mid/ $0.87-.90 High
Countdown begins , next is to take out last confirm sell signal .58 on volume
breakthrough of 2 descending triangles, 1 remains left. testing last sell signal
Follow Green support through (black dotted line for profits).
2 cups spotted w/ a bull flag inside another cup on 30min TF
Made a few small gains plays of buying in at .59/.58 and selling at .62/.63 then repeating as Gevo was moving in a predictable support and resistance patern. granted these gains were very small in retrospect but a winning trade is a winning trade. Watch for Gevo to continue sideways up and down movement until further news. most likely not going to get much profit...