Genesis Energy Cup and HandleGEL
Cup and Handle on Genesis Energy, waiting for breakout. Hopefully earnings won't disappoint on November 4th..
GEL trade ideas
Weekly Hidden Bullish Divergence at a 0.886 RetraceBullish Engulfing on the Weekly at an 88.6% retrace with Hidden Bullish Divergence on the RSI at the bottom of a potential Ascending Triangle
GEL long on weeklyConsolidating in weekly since the begging of March. If breaks out up might go till $18.
Target 1: $13.40
Target 2: $18.00
Stop: 8.90
GEL GENESIS ENERGY LONGI activate an alert on 9.52
it ´s a buy immediately for me no doubt
XLE is on the hot spot for the days to come
best performer are
XLF
XLE
XLB
Good Luck
Charlie
GEL - Long Setup Wedge Break $9.83 Stop: $8.97 Target: 11.43, Target 2: 14.43, Target 3: Momentum. Quote a lot of insider buying early last year. Small Insider Buying and 1 Insider sell recently.
Diamond Breakdown With TargetsI'm expecting a brief 25-30 percent correction before continued upside. Bearish Profit taking targets will be at around the $6.90 area with Stoplosses above $10.24
I expect that after GEL retraces back down to the $6.90-$6.40 Levels that it will continue it's uptrend:
For bullish Targets on GEL refer back to my original Bullish idea on the Related Ideas tab
Bullish Divergence After a Wedge Break At a Double BottomWe are showing Both Hidden and Classic Bullish divergence near the bottom of a range and are now breaking above the 200 Day Simple Moving Average;
This could be big.
We are also at a very important Monthly level:
GEL - Long setup GEL - Possible entry here . Stop signal 4.21. Target 5.43 and 6.93. Insider Buying present.
$GEL Running Out Of EnergyGel is showing signs of resistance at the $32.39 to $32.85 level. Needs to clear that before any talk of continued uptrend. But for now, time to take profits if you already have some.
