Gevo Could Be Purchased After Its Successful Test of the Long-Term Average

Gevo Could Be Purchased After Its Successful Test of the Long-Term Average
·2 min read

During Monday's fast paced "Lightning Round" segment of Mad Money, a caller asked Jim Cramer about a renewable chemicals and biofuel company, Gevo Inc. : "People need to make room in their portfolio for this stock," he replied. The trading volume is hard to read because of the scaling, but the On-Balance-Volume (OBV) line shows a rise into late January followed by a slow and shallow decline. The weekly OBV line has moved steadily higher and only dipped slightly when prices corrected lower.

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