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Friday, March 23, 2012
Abnormal Volume Observed In Shares Of (NYSE: GEL)
Genesis Energy LP (NYSE: GEL): fell by 4.26% or $-1.36/share to $30.60. In the past year, the shares have traded as low as $20.85 and as high as $33.81. On average, 229474 shares of GEL exchange hands on a given day and today's volume is recorded at 459609. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $30.95 represents resistance and the 200-day moving average of $27.52 would be an area of support.
