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Saturday, July 18, 2020

Yesterday had been Successful Day and Including the Two Stocks we have Mentioned about Yesterday

        Well we are back again, I had so much to finish up last night and going through data figures from this experimentation that has been running for months.       The next stock is Genesis Energy L.P., that is on the New York Stock Exchange and its symbol is GEL.      On Friday this stock closed at $6.28 a share and researching this company, the Relative Strength Index yesterday (7/17/20) had fallen down to 38.20.

       By examining it from (7/9/20) with the MACDs and the red holding a negativity of 27 and the Relative Strength Index was at 31.80.      What I've noticed, is that this stocks negativity is decreasing and is showing momentum.     On (7/10/10) the blue line is gaining with the red line on the MACDs only having a lead of 22, the Relative Strength Index on that day was at 38.44.        Now the next day of (7/13/20) the red negative line is still losing more ground with it just holding a lead by 18.

       The Relative Strength Index has been showing an slow moving up and down pattern, the stock is leveling out from its recent drop it went through between (6/8/20 to 6/26/20).

       On (7/14/20) Genesis Energy L.P., continues to climb with its momentum, with the red negative line falling to the blue line with it just holding at 15.        The Relative Strength Index on (7/13/20) was at 36.74 and with the stock dropping in price slightly when it closed on (7/14/20) had slight mad the Relative Strength Index fall to 36.46.      Now on the next day the stock had a gain of .29 cents and pushing the Relative Strength Index up to 41.05.       Push more on the red line on the MACDs to lose to the blue line with it at just a negative of 10 points.       With blue gaining more on its momentum by 5, going to the day after (7/16/20) with the Relative Strength Index falling slightly to 40.83 and still momentum has gained another 4 with the red just at a negative of 6.         On Friday (7/17/20) when this stock closed the red negative line was just holding a small lead by 5 points.      This stock would be a good time to buy with it having momentum with the blue line taking over and this stock should start seeing it climbing this coming next week.         Now to the second stock GeoPark Ltd another stock on the New York Stock Exchange with the stock symbol of GPRK.        What we see is that this stock is still showing a decline and hasn't yet leveled out with it closing yesterday at $8.76 a share.     With the way that its been falling for the last few days, I would wait until the stock drops down a little further to get a better price value on it.    The Relative Strength Index had fallen below the 40 percent threshold on Friday (7/17/20) to 38.59.

      

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