Acceleron

$GEVO - Will the 50 Day Moving Average Support Level Hold?

Long
NASDAQ:GEVO   Gevo, Inc
Shares of $GEVO broke support along the 50% Fibonacci retracement level of $8.02 on Monday and may be headed down to test $6.26 before bouncing higher.
That level also appears to be the bottom of the regression channel in which the stock is currently trading. Wait for confirmation before entering the trade.