Congrats to clients who managed to lock in some positions on Tuesday Morning ! ;)
Sent: Tuesday, October 13, 2015 10:06 AM
Subject: ********* Geo Energy Res: Breakout seen above 0.120 on top 10 volume, may offer a rebound opportunity.... price 0.122
Subject: ********* Geo Energy Res: Breakout seen above 0.120 on top 10 volume, may offer a rebound opportunity.... price 0.122
Geo Energy has managed to see some strength as it crosses above both the 0.115 and the 0.120 resistance level over the past few days. Volume is starting to pick up as it rises which is a good sign. 20 day MA has flatten out and on the verge of reversing upwards on today’s price action. Indicators also looking at a reversal with MACD showing a positive crossover finally. As long as 0.120 holds, there can be more upside towards the 0.130 then 0.140 resistance level next if volume maintains. Stop loss can be at 0.118 for now.
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