the time of pump has arrived?in my last TA on GNUS, I considered it neutral in the triple combination triangle for one year. but this pitchfork says another thing.
Geniusbrandsintl
GNUS Following Fibs & 200DMAGNUS 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 likely be the judge of that in the short term.
" While fears remain thanks to news from a Pelosi staffer catching COVID, the larger concerns from Monday seem to have subsided. In the same light, many reopening stocks have gained more attention. Genius Brands has built a suite of entertainment brands over the last few years. The company recently announced that its “Sant Lee’s Superhero Kindergarten” exceeded 40 million views on Genius’ Kartoon Channel! That’s just from 11 episodes of season one currently available. There are 15 more episodes set to debut this year, according to the company. Right now, Kartoon Channel! is available on multiple platforms. These include Comcast, DISH, Sling TV, Amazon Prime, Apple TV, Roku, and many smart TVs. GNUS is also no stranger to volatile moves. Considering that the penny stock has bounced back to test a major technical level (its 200-Day moving average), it will be interesting to see if the overall market’s momentum can continue this bullishness or not. Read More On Genius . "
Quote Source: 4 Penny Stocks To Watch As Hedge Against Dogecoin Price Drop Today
GNUSGenius 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 or low, is congested with previous support and resistance levels. Possible bounce play next week.
GNUS Testing Technical LevelNo news Friday but another day of higher volume. What's happening with GNUS right now?
"The move comes on the heels of a few key updates. Toward the end of September, Genius inked a deal with Samsung for its Kartoon Channel! to be carried across Samsung’s Smart TVs. The company has also been licensing new content to feature in its digital lineup. While there haven’t been many new updates recently, the late-week momentum is something to note. Will that continue into Monday’s opening session?"
I feel the same way^^
Original Quote Source: 5 Penny Stocks On Robinhood To Buy Under $2; Are They Too Risky?
Gnus cup and handle quick ideaCup and handle on gnus hourly. I believe the tide is shifting. Still a risky trade of course. I am long and have been accumulating around $1 and under. Called this before the run earlier this year. Has taken a beating from its high's.
However, my DD is still solid here and this was supposed to be a longer term play for me before it went parabolic to $10 so the fact that I am able to stock up once again at these levels is exciting to me.
I will exercise my patience here but I do believe that it is turning bullish.
Not a recommendation to purchase this stock
Not financial advice
$ECOR, $ASM and $GNUSNASDAQ:ECOR
Whats going on everybody...
This video is going to be AGAIN, very different... I'm learning/discovering watching other mentors as I go. I noticed some interesting things but doesn't mean its 100% right either.
I notice that certain things REPEATS itself as well. Its tricks that some people don't want others to know/expose OR you'd have to pay for knowledge and invest in but THANK GOD for some FREE KNOWLEDGE.
Keep Grinding!!
#InvestSmart
#TRADESAFE AMEX:ASM
