Thursday, September 28, 2017

Geo Energy - Nice Chart

Geo had a good sizable breakout yesterday. I am not sure if there was any news released but the stock looks not bad and the chart looks like it's setup for another up move. I will be watching this counter later when the market opens. This counter can be tricky and flushy at time and hence I prefer to wait for a good timing for long. Look at Sep 1st breakout, it only broke out for 2 bars and the stock simmered for weeks before breaking out again yesterday. It pays to be vigilant and careful.

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Ronald K - Market Psychologist - A Stock Market Opportunist