Rightsidetrading

$GEL Running Out Of Energy

Short
Rightsidetrading Updated   
NYSE:GEL   Genesis Energy, L.P
Gel is showing signs of resistance at the $32.39 to $32.85 level. Needs to clear that before any talk of continued uptrend. But for now, time to take profits if you already have some.

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On the morning of July 5th, I wrote "Gel is showing signs of resistance..." Now the stock is down 3 days in a row... it's all about reading the charts.

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