The GEO Group Inc 🧙The GEO Group Inc. is a real estate investment trust specializing in detention facilities and community-reentry centers. The company leases and oversees secure detention centers, rehabilitation and reentry facilities, and service centers for troubled youth. The GEO Group also provides counseling, education, drug abuse treatment, technology-based supervision programs, and detainee transportation. The majority of revenue comes from leasing and managing U.S. corrections and detention facilities. The GEO Group also operates in Australia, South Africa, and the United Kingdom.
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GEO
GEO is a great valueIm keeping my eye on this stock.
Market cap is good! and PE ratio is on point.
They spend $115 million in dividends making this extremely attractive.
good revenue growth and profit growth.
Current assets > Current liabilities = amazing
Extremely good value and a very attractive price.
$GEO Fill that gap - Bottom is inWedge has been forming since mid April & end is near pending a major breakout or breakdown.
Gap to be filed in the range 10.40 -10.74
Gap has also been filled twice over this month wedge as well.
Strategy to play this:
Wait till price falls back into the gap range and set stop loss to $10.30
Or
Wait till bullish confirmation if stock breaks the upper wedge trend line.
GEO Group IncFirst off, I view REITs in general as completely undervalued in our markets and due a solid run. Now with GEO I see them weathering the "storm" of covid-19 due to them being in a safe niche. They are heavily involved in the "for profit prisons" which I don't see going away any time soon (opposite of commercial office buildings). GEO also has a high dividend yield of over 17% which protects any slight drawdown.
Technically speaking, the monthly candle is consolidating over a historic support/resistance zone. The zone originally acting as reistance, which led to a drawdown of -88% and a 7 year bear market. Acting as heavy support, GEO has seen surges of 175% and 221% from this zone. Add in a sub 35 RSI with volume steady increasing and the bull case gets stronger by the day.
XYO up 63% on 5 dayXyo is looking good making a leap up over 50% today (6/6/19) resting on top of a prior support breaking through the resistance that knocked it back down from breaking through back on March 19. XYO is a cryptocurrency mined via the Coin App. It is given as a reward for sharing your geo-location information with the system. Its really cool and easy to get, Its worth some research. But don't take my advice discern all things on your own, with your own free will. have a great day! Peace
Eminent GEO Completion at CROW Code TGOEminent GEO Completion at CROW Code TGO:
Looking at imminent completion of the GEO's 5-point formation, preceding event to 1-4 TL validation.
CROW Code targets, as of today (23 OCT 2018):
1 - TGO = 59.12
2 - TGB = 67.71
AND
3 - TGU = 74.87
$VS/Monthly:
GEO:
1 - 1-2 Line Symmetry (1-2 SYM)
2 - 2-3 Line Complex Zig-Zag Formation (2-3 CZF)
3 - 3-4 Line Simple Zig-Zag Formation (3-4 SZF)
4 - 1-4 Line Tunneling Formation (3-4 TUN)
5 - 1-4 Target Line (1-34 TL)
Risk Lines:
1 - TGO to 1-4TL to TGU
OR
2 - TGO to TGB to 1-4TL to TGU
4xForecaster