GEVO long-term symmetrical triangle break

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GEVO long-term symmetrical triangle breakGevo, Inc.BATS:GEVOErictaylorGEVO Trade Plan – Symmetrical Triangle Breakout Setup GEVO is showing a strong higher timeframe structure with a clear uptrend supported from the $1.92 area, which has acted as a key base for the move. Price has since broken out of a large symmetrical triangle around the $2.40 level, signaling a shift from consolidation into a potential expansion phase. The next major level to focus on is $2.93, which is acting as key resistance. We saw a strong push into this level with a small rejection, which is normal after a first test of resistance. At this point, I am not chasing. The focus is on letting the stock build structure and allow pressure to develop under resistance. Ideal scenarios from here: •A consolidation or flag forming below $2.93, allowing for a cleaner entry at newly established support •A breakout above $2.93 followed by a backtest and hold of that level as support If price can break and hold above $2.93, it would confirm continuation and open the door for higher targets. Upside levels to watch: •First resistance: $3.49 •Next major level: $5.05 Overall, this is a continuation setup where patience is key, waiting for either structure to build or confirmation on breakout before adding or entering.