Wednesday, July 20, 2016

Geo Energy - Sinking Down

Geo Energy continued to sink after my bearish blog post yesterday. The stock was just pure weak and flushy without any major support.

It looks like many retail stale bulls were trapped up there suffocating, waiting to book profits but unable to do so because of the dipping prices. I am cautious about this counter.

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Ronald K - Market Psychologist - A Stock Market Opportunist