congrats to anyone who played gevo, wish i got innice breakout for GEVO here, we can target 20-25 before dumping, on watch next week for scalps but will not hold overnight. leave a like/follow if you enjoy my idea <3
GEVO trade ideas
GEVO next week sell or no!?I think that tomorow GEVO will have a new resistence and if he can break all time hight wich it's at 11.66 price will go up to 13/14 dolars!
This it's not a financial advice, its just my opinion!
Good luck to everyone!
Environmentally friendly Jet Fuel ! The stoch is showing an overbought signal however the MACD is showing a crossover potentially a bull run.
Breaking out of this red channel was easy to do.
This is a great Company and all the new contracts it has acquired with airlines has clearly shown that the world is starting to combat climate change!
New product Environmentally safe jet fuel. GEVO stands out from the rest of the competition.
i will be holding this for about a year. Furthermore will not add any other funds until it corrects back into the bottom red channel
I have placed the Fib at the end to see the price in action.
Follow me for technical analysis!
All of this is only opinion and my own personal journal.
None of this is financial advice !
& if you dont plan on holding long term. Dont bother putting your money in this market.
GEVO Fibonacci retracement bounceAfter a really nice increase, there was some pullback to the Fibonacci .5. I took some profits at 11, so I'm feeling pretty good about adding some more to my portfolio on this dip.
GEVONASDAQ:GEVO
Gevo operates as a renewable fuel company with market cap of 1.27B which will benefit from a Biden admend. Gevo has been beat down due to offering I believe: 1hr chart showing RSI is fair value @53.31. Price actions is Above the 9sma. Trading close to s1 8.66 s2 8.54 Upside potential is good. Macd indicating a buy @.503 52wk high 11.03 with a short interest at 16.45% and a volume 140,379,844.
closed @ 8.67 -2.36 or -21.40% AH 9.38 +.78$ or +8.19% possible run in premarket
I think I am going open a small position and see where it goes<
disclaimer: not a financial adviser: This is not financial advise.
Direct offering. Buying opportunity. GEVO is a great company with a bright future. They are raising cash and from what i studied they have no debt. This is a good move for the company. Biden wants clean energy and renewable fuels. He appointed a former board member of GEVo to his cabinet of energy. Could be wrong on what cabinet Biden hired him in. But GEVO is a long hold. Have been swing trading this and made profit. Most likely will start a position again today.
Just bored. Just playing around. Please do not follow this idea just because it looks bullish. I am an amateur trader. Hit a like if you like or comment if you feel like giving feedback. I love to learn.
Basically,
Bullish pennant - measured distance of flag pole for price target. Lets see.
RISKY but could be exceptionally rewardingPossible move:173%
Reward/Risk: 5-7 (R/R>3 is Ideal)
Time frame: 1-4wks
This is just my technical view, not a fundamental comment..!
I can make you confused by a crowded messy chart, but I would rather simple effective presentations..!
Breakout of bullish pennant.GEVO is breaking out of its second bullish pennant. Was in yesterday and this is a good entry point. Price target of 8 dollars.
$GEVO renewable fuels company- Biden's 3 Trillion Green BillGevo, Inc. operates as a renewable fuels company. It commercializes gasoline, jet fuel, and diesel fuel to achieve zero carbon emissions, and reduce greenhouse gas emissions with sustainable alternatives. The company uses low-carbon renewable-resource-based carbohydrates as raw materials and is developing renewable electricity and renewable natural gas for use in production processes. It products also include renewable biodiesel, isooctane, isobutanol, sustainable aviation fuel, isobutylene, ethanol, and animal feed. The company was formerly known as Methanotech, Inc. and changed its name to Gevo, Inc. in March 2006. Gevo, Inc. was founded in 2005 and is headquartered in Englewood, Colorado.
Cup and Handle, break out soonCup and Handle, once it breaks previous peak 4.85, it will run off IMO.
2nd bullish pennant. GEVO seems to have a second bullish pennant pattern. Will get in, but will be a small position. Price target of about 8 dollars possibly 10.
Possible Flag breakout Gevo 6th JanATTENTION, Be aware of me doing this for fun!!!
I'll go long for sure on Gevo.
GEVO: Bullish PennantBullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 17, high
Cons:
250RSI below 50
200MA flat
Target:
PT = 7.99$
