Have crossed above our first target at 0.170 resistance and even touching the 0.180 as of now….
Can there be more upside from here?
Look at the chart below the see the ARROWS drawn last Thursday….
EVEN Before any price action were to play out…. :)
Let’s see if it hits our 2nd target at 0.185 today too….
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Congrats to those who rode with us….
Recent Emails:
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
Yes, still seeing it stay above the 0.160 new support level now. A short term positive as mentioned with it even pulling away from it. Let’s see if it can hit our targets J.
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
After trading below 0.160 for more than a year, finally we have seen some actions above the key 0.160 level. We can expect more upside from here. As long as 0.160 holds as the new support now, a short term positive, target can be to 0.170 then 0.185 first. Looking at a mid to long term reversal too with 100 day MA above to cross above the longer term 200 day MA line.
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