The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Gevo - Short Term - We look to Buy at 4.70 (stop at 4.00)
Price action has continued to range within a rectangle formation. 4.60 continues to hold back the bears. Previous resistance located at 8.00. Trading has been mixed and volatile. We look to buy dips.
Our profit targets will be 7.60 and 9.50
Resistance: 6.00 / 8.00 / 10.00
Support: 4.60 / 4.00 / 3.00