In an era marked by geopolitical tensions and economic volatility, the fear index emerges as a crucial tool for traders seeking to navigate turbulent markets. This article delves into the historical significance of the fear index, exploring pivotal moments like the Cuban Missile Crisis, the 1973 Oil Crisis, and the 2008 Financial Crisis. By understanding how...
- The most recent conflict on the Middle East between Israel and Palestine(Hamas) has caused TVC:GOLD and Brent Crude Oil (futures) ICEEUR:BRN1! price to jump 4% . This increase risk on Geo-Political spectrum is messing up with our Short in ICEEUR:BRN1! . Short Call idea was shared on bingX copy-trade community where 2.000 people saw the Short trade...
NOT FINANCIAL ADVICE!!!! As shown in This SEC 13-F filing, Scion Asset Mgmt. (Burry) currently has one mentionable LONG and its this ticker with an assumed cost basis of $6.60 and 501,360 shares... I am betting these shares were NOT purchased on the open market and were instead acquired via assignment meaning credits from selling PUTS were likely involved (for...
Just analyzing this purely technically because I like MB and as of now supposedly this is his only long holding. Now, keep in mind this is not a stock for everyone - "The GEO Group, Inc. is a publicly traded C corporation that invests in private prisons and mental health facilities in North America, Australia, South Africa, and the United Kingdom." So yeah,...
NYSE:GEO looks like in a trending up period. The price completed a consolidation phase (stage-1) between May 2021 - Nov 2022. From a moving average point of view, 10-week (simple) moving average (MA) is supporting the price and just recently touched the price again after its first touch in Nov 2022. Moreover, MA100 crossed over MA30 recently with a bullish...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Dr Michael Burry, famous for predicting the 2008 Housing Crisis and shorting the market, is the majority holder on the Geor Group Inc (GEO). The price broke a week ago above the 1W MA200 (orange trend-line) for the first time in more than 3 years (since June 2019) and that alone constitutes major news. A quick application of Dr Jean-Paul Rodrigue "Phases of a...
GEO Michael Burry has bought more shares of this REIT so I thought I'd give a look at the chart for those who want to follow him. What the chart is saying: Big downtrend since May 2017. In May 2021, the stock has started a consolidation/base in form of a range between 5.5 and 9.54. This range could be a bottom formation. Note that bottoming pattern takes...
If in the trade from lower blue line, then take 50% profit now. The rest of the trade will be analyzed separately. I expect the next leg up to be just as quick as the last leg. We can see bullish action at the central red line on the 5 minute chart. See below. There is little selling so far.
Today you can review the technical analysis idea on a 1D linear scale chart for Geo Group Inc (GEO). Michael Burry's investment in Geo Group Inc seems to be paying off. Price may be headed towards $11. Keeping a close eye on this one. Falling channel breakout and above the 200 SMA. Resistance around $11. fortune.com If you enjoy my ideas, feel free to like it...
Order SELL GEO NYSE Stop 8.18 LMT 8.18 will be automatically canceled at 20230401 01:00:00 EST GEO daily bearish hammer at short term downtrend line. Stop loss above local high, take profit at MA 100.
The cliche about prison life is that I am actually integrated into it, ruined by it, when my accommodation to it is so overwhelming that I can no longer stand or even imagine freedom, life outside prison, so that my release brings about a total psychic breakdown, or at least gives rise to a longing for the lost safety of prison life. The actual dialectic of...
GEO daily beginning of wave 5 uptrend. Stop loss under local low pivot.
GEO has repeated a double bottom seen previously in price action history In prior incredibly bullish results were seen Likely that these bullish results will be repeated
The crash from ATH's looks about finished, HTF ABC bullish correction. I would think we now impulse 5 up. If that turns into an A wave then there is much more pain. If we do 3 up here and only hit $10 then this would be an X wave and the price action did a fib extension 1 to 1 and would expect much more downside.
Short term target is $9 and then likely a retrace back down to $7.50 and then continue to $13.00 $13.00 is going to be big resistance so will need to re-evaluate once it is reached. Chart looks great for a fast move up though
Still seeing momentum to the upside. Price however is approaching heavy resistance. Expecting a deep correction to at least 0.318 - 0.50 fib at 0.92291. Looking for long signals around the 0.5 fib level.
McDonald’s looking to go higher on recent lockdown news, maybe only a couple more bucks. Previous Mac Donald’s chart I will leave up. It looks not squared properly with the fib circles.