So everyone and their mom thought GEVO was hitting 2.00+ today.
It maxed around 1.45 area. I did a quick chart with fibs and it showed that 1.45 area as the most likely PT.
So I made a new chart for Monday to have a more realistic view of what is possible IMO.
The 1.618 line on the fib retracement and extension tools are highlighted with green lines.
The green zone is what I think will be the most likely area to be hit.
The orange and red zones are potential PT areas, but not likely unless there is some awesome volume or hype.
The daily charts 200MA is at 1.51 and the VWAP is at 1.31
The vertical lines are just pre-market, market-open, after-hours, and market-close times. (PST)
So for those looking to take 2.00+ on GEVO, you will need to wait for another PR/catalyst.
I am in GEVO, so obviously I also hope we hit that 2.00+ PT.
Goodluck to us all!
It maxed around 1.45 area. I did a quick chart with fibs and it showed that 1.45 area as the most likely PT.
So I made a new chart for Monday to have a more realistic view of what is possible IMO.
The 1.618 line on the fib retracement and extension tools are highlighted with green lines.
The green zone is what I think will be the most likely area to be hit.
The orange and red zones are potential PT areas, but not likely unless there is some awesome volume or hype.
The daily charts 200MA is at 1.51 and the VWAP is at 1.31
The vertical lines are just pre-market, market-open, after-hours, and market-close times. (PST)
So for those looking to take 2.00+ on GEVO, you will need to wait for another PR/catalyst.
I am in GEVO, so obviously I also hope we hit that 2.00+ PT.
Goodluck to us all!
Note
BOO THIS MAN!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.