MaryJane
Long

And the next bottom?

NYSE:GEO   GEO GROUP INC NEW
225 1 24
2 positions are thinkable:

Shortterm view: Fix that Level: Short entry now, sl a bit above the neckline (for example a tick above the illustrated 0,5 fibo) tp 31
Midterm/longterm view: Trying to catch the breakout - stopbuy @ 35$, SL 30,8 (below the possible "3") TP1: 39$ / TP2: 43$
Comment: Fixing that level was the right decision. Watch the RSI - perhaps the downswing will end here -so save your Money! (SL)
snapshot
Comment: KO
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Comment: K.O.
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Comment:
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Trade closed: target reached
Comment:
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Interesting, because iverted head and shoulderst are classified as bullish and you made money on the opposite site. Do you have any looses? How many time you enter into the trade? What RSI tell you (me) when price goes into opposite site (Is it 80 then)? Do you reconsider the volume too?

Matjaz
Reply
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