Daily and weekly MACD showing upwards momentum, RSI as well. Can potentially reach previous top, around $30 from current price of approx. $19, When markets open, may be priced $21. Potential profit >40% within one to two months (maybe mid April ?)
Genie Energy Ltd. engages in the provision of energy services. It operates through the following segments: Genie Retail Energy (GRE), Genie Energy Services (GES), GRE International and Genie Oil and Gas, Inc. (GOGAS). The GRE segment owns and operates retail energy providers which resell electricity and natural gas to residential and business customers. The GES...
Genie Energy Ltd. (GNE) is undergoing bad times since it is involved in oil and gas exploration and is deeply correlated with oil prices. However the stock has approached its triple bottom area and seems to be testing this zone for almost eight weeks in a row. Apart from that the company reported second-quarter net income of $3.5 million, after reporting a loss in...
