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GEVO, breakout of downtrend, possibly setting up. Rate this Topic:
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Posted : Sunday, June 23, 2013 12:41:52 PM
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Joined: 12/2/2004
Posts: 1,775

I think GEVO deserves watching.  Simple breakout from downtrend line,  and highest up volume on chart probably strengthens.   Current mini flag/pennant with lowering volume constructive imo.  Ovrerall  market looking perilous and could obviously be a drag on most all stocks.   No position, but may enter if flag taken out.  Not shown here but price also sitting above 200 sma for first time in almost a year.

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