$GEVO - 02/08/18 - Back from the graveyard?

in #gevo6 years ago (edited)

News today and looks like #GEVO may have found a bottom here.

Could wait for the MACD to cross and 1-2 green candles for confirmation. Volume heavy so far.


NEWS: ENGLEWOOD, Colo. , Feb. 08, 2018 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO), announced today that it has strengthened its existing relationship with Musket Corporation , a national fuel distributor under the umbrella of the Love’s Family of Companies, by amending its existing isobutanol supply agreement to provide Musket with the exclusive right to sell Gevo’s renewable isobutanol within a 300 mile radius of Houston , Texas. This agreement establishes a market region that encompasses Austin , Dallas , Fort Worth , Oklahoma, Louisiana , as well as the majority of South and East Texas .

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Broke the wedge. Could retrace down to the vwap (pink line)

Bids stacked @ 48c

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