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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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.