ericisom887

GNUS - Change of Supply and Demand

Long
NASDAQ:GNUS   None
GNUS was a glorious pump and dump short squeeze opportunity that many marvelled at. But it's not your regular pump and dump stock, it's remained fairly liquid with investor interest at a higher rate then others. We've noticed a trend change over the past month from a downtrend to sideways. I believe there is a shift from supply to demand happening here and it will most likely pop off in the coming weeks.

Local support: 1.11

Confirmation Break: 1.37

Conervative Target: 2.03
Moderate Target: 2.72
Aggressive Target: $3 range.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.