GEVO - Speculative Momentum Long from $4.17 GEVO - Looking for a break of 4.17. Stop signal at 3.43. Very speculative potential momentum play.
GEVO
GEVO decreasing pulse wave...GEVO decreasing pulse wave. The exchange rate began to move in a falling pulse wave. This impulse wave may be the first part of a triple decreasing wave structure. In this case, the triple wave may be reduced to the ATR axis below it (purple line). Then the target price is 1.39usd. Then, a small ATR ABC correction can precede the later rise.
$GEVO News Pump looks to be Over Very Nice Gains today if playedCongrats to all who played $GEVO on the news today.
$GEVO Earnings and Conference Call on Company Updates 29thTechnicals on $GEVO are far beyond bullish. We have the 50DMA curving under the current 30 min candle setup and the PARSAR has flipped bullish. An ascending cup is forming and it is poised for a breakout back to prior levels. In addition we also have the gap down from $2.50 to fill. LT after the ER is posted and wind of the technicals catches on we could see previous highs of $5.00 or more once again. Very Long
Gevo look very interesting at this pointfor swing trader i think its a time to build long position. TP: 7$
Another GEVO view from multiple time perspectivesThis shows GEVO very oversold on the Weekly Candle with an uptick in volume this week.
GEVO Inverse Head and Shoulders GEVO has been forming an inverse head and shoulder formation for about 2 weeks now. I have been trading/analyzing this stock over the last 2 months. This responds very well to gap fills. Last gap was .70 on Sept 7.
Same setup, Same ResultBoth 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.
Bullish potential Gartley Pattern on GEVOSometimes harmonic patterns pinpoint the end of downtrends or uptrends in stocks. There is a bullish gartley pattern in GEVO and a bullish Bat pattern. There is a harmonic support in the 2.0 range. Watch for strength from that zone to get clues on if this pattern is giving the correct signal.
