GEO (GEOB) Stable, interesting and boring.

While the IPC (Index of Price and Quotes) presents an adjustment of 7.8% at end-May. GEO (GEOB) has a similar adjustment.

The chart indicates a movement in a slightly upward channel without major shocks.

Technically is in good time:

a) MACD could cross the moving average, then will be a sign of buy.

b) The Stochastic appears neutral, but with trend to buy.

c) The relative strength index RSI is on the rise and has room to rise.

d) Is facing an important resistance at MXN$ 37.00.

e) With the rise of the market could overcome the resistance and search for the roof of the channel.

Technical support at MXN$ 34.00

Technical resistance at MXN$ 37.00

Observe:

a) Overcome the resistance.

b) Indicator MACD crossing its moving average upward.

c) Yield from the current price (MXN$ 36.00) to the roof of the channel (MXN$ 40.00) 11%.

GEO GEOB Mexico Stock Exchange Shares Mexico