Stock Chart Analysis GEOY

Posted by downtowntrader | 12/18/2007 08:41:00 PM | 1 comments »

Stock Chart Analysis GEOY

GeoEye Inc. (Public, NASDAQ:GEOY)

GEOY had a high volume breakout in October and has rose steadily for almost two months. It has pulled back to it's rising 50 day sma. The bollinger bands are contracting as the stock becomes oversold, which could be a recipe for an upcoming impulsive move up. If the markets show some strength the next few days, then GEOY could have enough strength to clear the downtrend line shown and then test the recent highs over 34.

Good Trading,


for more analysis, check out


  1. Brian T // 8:06 PM  

    Hey, you have some great information here. Keep it coming, I would love to get some more advice from you as I trade online daily.