GNUS testing the 200DMA right now and could be an important level to watch. Moreover, look at the fib retracement from the last "lowest-low" and the fib levels fall into place in a way. For instance, the 786level has been a key level for GNUS over the last 9 months. After retracing, testing, and bouncing off of that, will the trend continue? The 200DMA will...
GNUS remains channel bound with the 618 Fib line acting as a pivot support/resistance. I think there needs to be some info from the company now that they plan on being on the Russell.
On June 8th, the company announced that it will join the Russell 3000 Index after the conclusion of the 2021 Russell indexes annual reconstitution. This will be active when the...
Genius Brands International Inc (NASDAQ:GNUS) On the daily chart, the price struggled to continue its downward move yesterday, and it closed with a doji candle formation after touching the major support level at 1.40. The doji gave a signal of possible price reversal upward, especially since it formed around the 1.50 area, which, although offered no distinct high...
Gnus ready long term reversal . Target 1 is $4 but can go much higher this year imo. GL
This is an opinion
This is not financial advice
I am not a financial advisor
