$GEO Border Detention Facilities - Profiting off of incompetence

14 thg 11, 2023

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 GEO and 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 GEO and show some of the methodology behind my trading strategy.

Here are my outlined Targets / Resistances and supports

Strong Support Level: $8.30
Strong Resistance Level: $9.95
Resistance 2: $12.35
Target 1: $14.31
Target 2 / Resistance 3: $17.58
Target 3: $19.82

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.