Good morning everyone, Today I am evaluating a stock I have legitimately found valuable for a few months. With the escalation at our border (Record numbers of crossings in October) It is time to consider how we can profit from such a tragic situation. I've been invested in stocks like NYSE:GEO and NYSE:CXW for the past year or so, however, I think right now might be the most bullish I've been on them in a while. In this video, I lay out potential price targets for NYSE:GEO and show some of the methodology behind my trading strategy.
Here are my outlined Targets / Resistances and supports
Remember, both targets and resistances represent solid points to take profit. Don't get greedy
The GEO Group (GEO) operates special-purpose, state-of-the-art residential centers on behalf of U.S. Immigration and Customs Enforcement (ICE).
All ICE Processing Centers operated by GEO have a long-standing record of providing high-quality, culturally responsive services in safe, secure, and humane environments that meet the needs of the individuals in the care and custody of federal immigration authorities.
Don’t miss out on free money, next election is going to shine a spot light on border assets, this one is poised for massive growth going into 2024