GEO - continues to achieve higher highs and higher lows

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GEO = 2.04 (-1%)

Disclosure: I sold some GEO at 2.04

GEO continues its rally/uptrend by achieving higher highs and higher lows. It is a bit of a worry though that it formed a black candle, hence my rationale for selling some GEO.

From the chart you can clearly see that GEO is about to meet both the 65MA and 130MA at 2.12 and 2.13.

I hope that GEO will be able to move above both MAs :)

Support:
2 - possible resistance, hence possible support
1.7 - again possible resistance and possible support

Good luck to all GEO traders! :)

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