Monday, February 27, 2017

Geo Energy Res: Looking good, potential move above 0.300.... Price 0.295, system says?


Following up from previous call, we have seen Geo Energy approach the key 0.300 psychological resistance level today again....


Seems to have found some support above the the 0.28 – 0.285 for now with a potential move above 0.300 on the cards.


Just decided to pull out the system to get a view of it’s movement. (See below)


A few months back, we actually had an entry signal on 31st Oct last year and then the exit came after November’s run. And then it was all quiet for a while...


We then had another NEW RE-ENTRY BULLISH SIGNAL on 4th Jan 2017, Entry price at 0.245.


PTI Grads were of course alerted when the move came...


Just that for now, there are NO EXITS yet.


System aside, I am looking to see something above 0.300.... that could be interesting...


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For illustration purpose only



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Recent Email:


Sent: Thursday, February 02, 2017 9:20 AM
Subject: ****** Geo Energy Res: May see some profit taking soon, price 0.285

Sent: Wednesday, February 01, 2017 9:30 AM
Subject: ****** Geo Energy Res: May see some profit taking soon, price 0.26

Sent: Tuesday, January 31, 2017 9:35 AM
Subject: ****** Geo Energy Res: Some actions seen after its consolidation, price 0.245

For illustration purpose only





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