After a phase of re-accumulation, I think Gevo is ready to enter into the mark-up phase.
It has been very algorithmic thus far, so I see no reason for it to break structure
I'd be willing to play this swing up to about $17, wouldn't take it any higher.
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Sub-wave 3 target = $17
$GEVO has been dipping prior to earnings in the most recent earnings and then trends up afterwards. Fib and support levels show good support at low 5's to high 4's swing to mid 7's.
🟢 $GEVO Target 10.41 for 39.36%% (Risk Level - Med/High)
Or double position at 4.53
Doubled position here today!! New target set...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers...
FIB levels have been bouncing around .5 and .768 for a little bit and the wedge is coming to a close around the next earnings. I think if it breaks 6.92 and stays above, it will be a bullish sign. Just a beginner getting into TA. Let me know what you guys think!
7.20 key area of support and 50% of the fib retracement. will be interesting to see if this holdes today / this week and the upward channel is validated further!
$GEVO Target 11.98 for 32.52%
Or double position at 6.10
I raised the target here a little bit for GEVO... from 11.83 to 11.98
(I actually should have doubled already when it hit 6.10 but that last pull back kicked my ass and I wasn't able to average them all down)
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to...
DISCLAIMER
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
After two days of retracing it finally forms a doji/hammer and its RSI also went down a little. Could this be the end of the retracement? It is advisable to monitor for few more days for confirmation. For two days it has reached a certain day low but tends to rebound back after...
$GEVO Target 11.83 for 30.86%
Or next add level is at 6.25
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first...
We kinda have a double bottom (GEORGE W)
Important level of resistance is 10-10.15
We have had 3 touch points and i expect a breakthrough at the fourth.
With everything going on with biden i suggest this stock is long
