Wednesday, February 20, 2008
GEO - confirms breakout
GEO = 1.3 ()
GEO formed a botttom shaven black candle with higher low and higher high. Volume decreased slightly.
GEO confirms breakout by forming higher low.
GEO failed to impress by forming a bottom shaven black candle.
GEO moved back below the 32MA.
GEO tested resistance at 1.42. Failed to move above resistance.
I hope GEO continues to form higher lows.
I hope GEO moves above the resistance at 1.42.
Disclosure: Bought more GEO at 1.4
Good luck to all GEO traders!
2/20/2008 01:02:00 PM
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