This example is on paper company Gevo inc - manufacturing. Chemical industry. Specialized chemicals.
I will say that I combined the training idea with the trading one , how the stocks will be relevant for trading now, the potential first profit with confirmation of support can be about + 90%.
Everything that happens now, goals, read below under the...
NASDAQ:GEVO
Possible Scenario: Long
Targets: on the chart
Evidence:
Cup and handle on the daily chart and Inverse H&S on the weekly chart.
The setup is perfect and it's ready to fly.
Gevo
Short Term - We look to Buy at 2.96 (stop at 2.70)
A bearish Head and Shoulders is forming. 2.90 continues to hold back the bears. Previous resistance located at 4.08. Trading has been mixed and volatile. We look to buy dips.
Our profit targets will be 3.63 and 3.98
Resistance: 4.08 / 5.24 / 7.88
Support: 2.90 / 1.83 / 1.00
Disclaimer – Saxo Bank...
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Gevo - Short Term - We look to Buy at 4.70 (stop at 4.00)
Price action has continued to range within a rectangle formation. 4.60 continues to hold back the bears. Previous resistance located at 8.00. Trading has been mixed and volatile. We look to buy dips.
Our profit targets will be 7.60 and 9.50
Resistance: 6.00 / 8.00 / 10.00
Support: 4.60 / 4.00 /...
Here's a volatile little guy , small position, for fun . Not risking a lot of capital but supply seems low and looks good so far .
Entry is 6.85 , stop @ 5.98
Gevo is up today on news of partnership with Chevron.
After breaking the triangle the target is $11.35 that might be reached soon, again if trend continues.
Looking at the plotted significance of the S Line and Gann Square, we see a precise bounce in SP. Obviously this is all driven by PR but given the historical chart of $GEVO, indication of upside triple is imminent with awaiting plant licensing.
Gevo has recently not reached a new height, and it has now taken hold, seriously. Gevo appears to be increasing in just a few days-weeks. I am long on Gevo because it represents green key figures and its assets are significant market leaders, as well as Gevo has a unique competitiveness. Good luck, buy something Cardano and Gevo!
