AndyTheKing

GNUS - Downtrend broken (500% potential upside)

Long
NASDAQ:GNUS   GENIUS BRANDS INTERNATIONAL INC
This area represents a fantastic buying opportunity for GNUS.

Technical reasons for the trade:

Downtrend channel broken
→ Break above the 1D 200MA
→ Confirmed bullish div - Histogram/ MACD , RSI , OBV
→ Many gaps left above during the June price drop
→ Daily TD9 fired on 11 September

Good luck!

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Comments

Nice eyes sir :)
+1 Reply
AndyTheKing Cryptonite_trader
@Cryptonite_trader, cheers mate!
Reply
perfect perfect! let's see what we get now.
Reply
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