GEO – 30-Min Long Trade Setup!📈
🔹 Ticker: GEO (NYSE)
🔹 Setup Type: Falling Trendline Break + Support Bounce
🔸 Breakout Price: ~$29.93
📊 Trade Plan (Long Position)
✅ Entry Zone: $29.80–$29.95 (break + retest of yellow resistance zone)
✅ Stop Loss (SL): Below $29.40 (structure support / white line)
✅ Take Profit Targets:
📌 TP1: $30.68 (red zone – resistance)
📌 TP2: $31.66 (green zone – prior high)
📐 Risk-Reward Analysis
📉 Risk:
$29.93 - $29.40 = $0.53
📈 Reward to TP1:
$30.68 - $29.93 = $0.75 → 1.41:1 R/R
📈 Reward to TP2:
$31.66 - $29.93 = $1.73 → 3.26:1 R/R
🔍 Technical Highlights
📌 Break above falling trendline (pink) with volume pickup
📌 Strong ascending support (pink triangle) forming a breakout base
📌 Yellow zone = key reaction level
📌 Chart shows tightening price action before bullish expansion
⚙️ Trade Management Strategy
🟢 After TP1:
— Move SL to breakeven
— Book partial profits
📈 Hold remainder for TP2 with a trailing SL strategy
⚠️ Setup Invalidation
❌ Close below $29.40
❌ Rejection from yellow zone without volume
❌ Breaks trendline without retest confirmation
