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