AMEX:GNS has show recent signs of reversal, currently at an important spot on the chart. Attempting a break above previous historical resistance at .51. Weekly close above, would begin upward movement to $1 and more.
RULES:
-If price break Point 2, 4, 6, or 8 cancel the setup
-Price needs to break Point 1, 3, 5, or 7 to confirm the setup
When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal
The market can Truncate(fall short)
GNS showing possible signs of macro reversal on WEEKLY time frame. Breakout given extra time for safety along with fibs matching to 100% reversal target. Conservative return/ targets would be any fib levels touched given the first (.236) being much higher than current price. Patience will be rewarded if you choose to take this one along the journey.
Gns recently broke out of a downward channel on the WEEKLY time frame. Currently, this stock shows a pretty clear pennant formation resetting its oscillators for possible upside when the time is right. If trendlines break, watch for fib retracements near .618-.786. A reminder target breakout is measured after a few weeks/ months for safety.
Hello traders,
Stock ticker AMEX:GNS is trending heavily in social media right now.
Reason is, it has recently seen a 37% uplift in equity valuation on Friday.
I am here to say there is more upside ahead for this stock.
There is a gap fil at $2.81 that hasn't been filled yet and is in the trajectory of the current price action.
That is a crazy 91% upside...
On the 30-minute chart, I see GNS as a Bullish Pennant on a high flag pole
in the big move yesterday with consolidation now. It is high in the VWAP
bands and so at risk for a reversal to the mean. Pennants more often than not continue
upside. To hedge, I have set two lines. If the price goes over the green line a
buy stop long will trigger into a market...
Genius Group Limited (NYSE American: GNS) is a leading entrepreneur edtech and education company that aims to disrupt the current education model with more than 4.3 million users and students in 200 countries.
Genius Group Limited’s (NYSE: GNS) long-anticipated spinoff is finally on the horizon. For months now the company has been promising spinoff dividends as a method of combating naked short selling. Now, the company set the record date for the share dividend on August 31st which could see its stock in anticipation. With this in mind, the stock is highly shorted at...
After its board approved the spin-off of Entrepreneur Resorts Limited back in January Genius Group Limited (NYSE American: GNS) has now also gained its shareholders’ approval for the spin-off. The spin-off is expected to be completed by Q3 and will likely help expose the naked short sellers that have been targeting GNS for a while, which may lead to a short...
Good 20-30% move today.
Nice accumulation area in the green box. Good retrace to golden pocket from the move.
Need to break above $1.22.
Then first potential Target $1.32, and then $1.60.
Earnings 5/15, keeping an eye on TRKA as well, rumors of buying, and their earnings coming up as well.
Rumors brewing that GNS has something brewing as well who knows!
Maybe...
GNS just hit my trigger at $3.60 with 150 mil vol on a avg of 21.8mil a day and has turned the float 15 times today. Bottom bounce pattern trigger
by iCantw84it
01/20/23
Genius Group Limited (NYSE American: GNS) is a leading entrepreneur edtech and education company that aims to disrupt the current education model with more than 4.3 million users and students in 200 countries. While the company is trading at a significant dip since its IPO in April 2022, GNS is climbing investors’ watchlists after running more than 313% overnight....
