Geo Energy Res has consolidated below the 0.200 key resistance level for about 2 weeks and still unable to stage a firm move above...
Some actions seen yesterday with it trying to attempt a move upwards....
For now, seeing some profit taking as soon as the 0.200 resistance come nears....
Only a firm specific price action above 0.200 can see the upside continue....
More importantly, just to share that there are NO EXITS yet as seen in my system.
We had a 1ET BULLISH ENTRY SIGNAL ON 3RD OCT 2016, ENTRY PRICE AT 0.146.... about 3 weeks back before any email or note was sent (See below)...
A few days later, BOOM !!!
Looking at a 34.2% GAIN IN LESS THAN 3 WEEKS IF executed according to system....
Can the 0.200 clear out soon, would be interesting to watch :)
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Recent Emails:
Sent: Tuesday, October 11, 2016 9:32 AM
Subject: ******* Geo Energy Res: Profit taking seen near 0.200 normal... protect, price 0.192
Subject: ******* Geo Energy Res: Profit taking seen near 0.200 normal... protect, price 0.192
Sent: Monday, October 10, 2016 9:29 AM
Subject: ******** Geo Energy Res: Breaking above last week high, strong, price 0.178, More momentum with 0.180 clearing....
Subject: ******** Geo Energy Res: Breaking above last week high, strong, price 0.178, More momentum with 0.180 clearing....
Sent: Friday, October 07, 2016 9:19 AM
Subject: ********** Geo Energy Res: Pulling away from new 0.160 support, price 0.165
Subject: ********** Geo Energy Res: Pulling away from new 0.160 support, price 0.165
Sent: Thursday, October 06, 2016 3:53 PM
Subject: *************** Geo Energy Res: A move above 0.160 can see more short term upside, price 0.162
Subject: *************** Geo Energy Res: A move above 0.160 can see more short term upside, price 0.162
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