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Replies to #2755 on Gevo Inc (GEVO)

ospreyeye

06/01/15 12:27 PM

#2756 RE: Los_Venados #2755

$GEVO Chart - riding EMA's 4 & 8 resistance and forming candles below the middle Bollinger Band @ 3.61 - the middle BB is the Key level to turn into support - $GEVO started a new downtrend when middle BB support broke on the 20th - in order to start a new up trend $GEVO must close above the middle BB & turn that level into support - as mentioned before the Gap between HoD on the 6th & LoD on the 7th has not filled -

Fast Sto @ 6.18 and at extreme oversold levels - RSI @ 46.77 - bulls want to see RSI above 50 - MACD bearish crossover on the 20th - after the big volume spike on the 7th volume has really died down - it's going to take some bullish volume to break resistance -

might take the GAP filling for the bulls to regain control of $GEVO -