Teun_Geurts
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since Nov 5, 2020
correction
gevo
gevoinc
indicator
long
rebound
recovery
supportandresistance
trendanalysis
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With the S&P500 being less than a percentage point away from it's ATH (as of writing this message), GEVO seems to has left another resistance band. With the recent correction explained by a change in bond prices, GEVO seems to be recovering strongly, testing resistance each time before moving towards it's next resistance band.
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With the S&P500 having a long awaited green day (being up 1.91% as of writing this message) it seems like GEVO is caught by one of it's resistance bands. This could mean GEVO stock found it's low point in the recent correction (Bond-bubble-burst??). Are we inbound to see an upward trend again? NOT FINANCIAL ADVICE: I closed my GEVO position on Wednesday this...
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