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small-cap

One NASDAQ: Listed Industrial Stock at Resistance Level: Geospace Technologies Corporation

Nov 08, 2024 | Team Kalkine
One NASDAQ: Listed Industrial Stock at Resistance Level: Geospace Technologies Corporation
Image source: shutterstock

GEOS:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Geospace Technologies Corporation

Company Overview: Geospace Technologies Corporation (NASDAQ: GEOS) designs and manufactures seismic instruments and equipment. It operates through three segments: Oil and Gas Markets, Adjacent Markets and Emerging Markets.

As per our previous US Daily Report published on ‘GEOS’ on 29th July 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 9.71 based on price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis and the stock price has now moved by ~36.56% since then and has attained both resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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