GNUS
Gnus trend reversal - Learn to not be a bag holderTrend reversal and volume increase with significant golden cross on hourly. You guys saw what happened last time I noticed these things on this ticker.
It went from $1.30 to $11. Now I am not saying that will happen again but the chart and my research on the company is very solid.
I will not do the research for you but I invite you to read through ALL of the company's press releases and shareholder letters. Even the very old ones.
I also invite you to go look at my previous TA's on GNUS which I have attached to the "related ideas" bar.
I believe there is quite a bit of upside here but it will be volatile so do not chase.
If you decide to enter do so on a pullback.
(Rant below is mainly for new traders or traders who are struggling to understand how this stuff works but I am sure
even experienced and profitable traders can gain something from it.)
This is the most underestimated stock in the market right now.
If you followed my first TA when it was $1.31 in may before the big run up, hopefully you took profit anywhere from $2 to $11.
You must always take profit even if it means just selling a portion of your position, this is not a game.
You must learn to manage and lower your risk.
That being said gnus is far from done imo.
Too much fear brought the price way down and the MM's love it because they got to reload for dirt cheap after dumping all of their shares on chasers.
I sold at $3, $5 and $7 on the first run up which where my targets when I did the TA.
( It is still up and is called "GNUS breaks 4 year bearish trend with violent move on volume") if you want to check it out.
Now I did not catch the top but I made a hell of a profit regardless (best swing tade of the year for me).
What would have happened if I just held? I would have lost ALL of my profit. This is why you MUST always take profit.
Now I am loaded back up with only a portion of the profit I made on the initial run with an avg of 1.07.
I already sold a third of my new position at $1.40 to lower risk and I will sell another portion of my position if it strikes $2 and re-evaluate from there.
You need to buy when the MM's are buying which they have been massively the past month according to dark pool and LVL2 data.
Then you need to sell BEFORE the MM's unload. At least scale out of the trade even if you whole heartedly believe it will continue.
If it doubles, do not be afraid to sell half and secure your initial investment. If it triples in a short period of time then sell all and wait to re enter later.
Most of the time MUCH later. (months)
Even if you get a 2% to 10% move on a stock you should consider selling and moving to the next play unless you have researched the company diligently and want to turn it into a long swing trade or investment.
PROFIT IS PROFIT!!!
Moves like the one you saw with gnus almost ALWAYS pull back massively. You can be a profitable trader. It is not as hard as most people make it seem. Learn to be disciplined and learn to STOP trading and investing with emotion.
REPLACE THE EMOTION WITH LOGIC. REPLACE THE IMPATINCE WITH PAITENCE. MAKING THE RIGHT ENTRY IS CRUCIAL. BUY THE FEAR. SELL THE HYPE. RESEARCH DIGELENTLY. MOST IMPORTANTLY STOP CHASING!!!
Do these things and watch your account turn around. I am tired of seeing good people lose money over stupid mistakes. You must learn to control your emotion and never let them control you.
/rant
THIS IS NOT FINANCIAL ADVICE
I AM NOT A FINACIAL ADVISOR
THIS IS NOT A RECOMENDATION TO BUY THIS STOCK
just about timebullish everywhere but 4 hour chart better start grabbing shares because when she blows i believe she gonna pass the 52 week high of 11.52 i know i am loading up dont get left behind
i am liking this for today 9/30today is gonna be the day to scalp this a couple times i think good entry's will be between $1.20 and $1.30 and first sell point will be $1.50 to $1.60 range and with support at those ranges i can easily see this getting to around $2.25 to $2.50 range maybe even higher...please remember i am not a professional these are just my opinions please do your own d.d before investing. And please trade responsibly but i believe there is lots of potentional this week with this stock
starting to set up niceplease remember i am not a professional dont not invest on my word alone please do your own dd..i am liking this for a bullish run next week with all the new developments the deal with samsung stan lees cartoon with arnold starting soon and i personally think that once it does start running it will be the 52 week high of 11.73 so i think there is money to be made here i think a good entry point is 1.05 to 1.10 if it starts to show support in that range and the first sell point would 1.45 to 1.50 range if you are just looking to scalp but if your looking to go long i think the sky is the limit here i believe the next couple months will make or break this ticker its worth keeping an eye on..i believe in this company and its staff i am long on this one i hold a big position that is down over 60% but i am not worried one bit...there is money to be made here..remember these are my opinions please do your own dd before taking an position..
on my radarthis is on my radar starting monday if it holds up at eod it looks like it is setting up nice
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
GNUS - Downtrend broken (500% potential upside)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!
Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
It's Genius I Tell You! [GNUS Going up] Going up ... that's it. Targets are shown in the chart.
Not to be construed as financial advice. Good luck.
GNUS - Neutral with 70% Up vs 30% DownGNUS may up in this week Sep 2, 3, 4 to $1.30 zone - Confidence 70%
30% left maybe down.
Disclaimer
GNUS the hated child of penny stocksNow I wanted to post my TA of a near $1 GNUS was possible, but I didn't cause I don't care nor have a position. I'm just watching it as I eat popcorn
News
-GNUS is bring alot of talented people on its team, yet again this is a growing company trying to establish a foundation. Theres one problem with this tho, its they had years to establish this foundation, so it makes it hard for insituions to jump on to a vision that hasn't pulled through in the past.
-Establish its toys in Walmart and Amazon: good but there is just no establish brand awarness and its a hard competiton going against establish brands, such as star wars and exc. Their toys are mixed in with a bunch others, yet hasn't achieved its brand's potential.
TA
-Well its just keeps on dumping which many reasons can explain this, yet is still in the air.
1: They havn't made much money or if any in the past, so they would dump their shares from a .30cent sideways movement to a peak of 11.8 (I would).
2: It was over hype and the GNUS bubble popped. From the peak it ranges from a 90% correction to about an 86% correction. A bubble is a 70% correction and we are past that.
3: Penny Stock investors are selling and jumping into the next hype train from xspa to gevo.
-Again theres many reasons why this stock keeps on dropping, so what are the supports that we can expect? This could be next at 1.02 (6% downward move), .60 (44% move downward move), or for now .34 (a full entrancement and a 68% downward move).
-Since we aren't at 1.02, I left 1.37 light blue (a 26.7% move upward). Now its very hard to tell where it will bounce and if it can hold any price at all.
Final Thoughts
I'm just watching this as it drops and laughing at Andy's comment comparing his company to Netflix. Theres many problems with his streaming service and one being his offbrand cartoons and rip offs of others. One is a minecraft show, yet is a direct rip off of stampy from youtube. The video style and ep match almost 1 to 1 with the hype of his channel. This is a solid pass and if any advice I can give is remove your streaming service and redo all the cartoons and make them ORGINAL and up the art and visual effects. We live in 2020 and kids can tell with the poor voice acting. An idea is a Caillou spin off of an Orginal story and characters and not follow a 1 to 1 replica.
GNUS Day Chart 08-21-2020This is not advise nor for instruction. Sharing my chart on GNUS to share my thoughts on this assest. Thanks for checking it out.
HOW SERIOUS IN GENIUS ? Hello Community ,
Lets look on Genius progress and potential future . NASDAQ:GNUS
If we look on stock behavior we can see typical market behavior . Fundamentally looking this company have solid project going on .. Is it smart to INVEST in this one that decision its up to you . I wanted to pointed out some behavior that I'm seeing . I did make profitable trade on this before and I'm keeping this one on my watch list . But in same time makes me want to think how serious is it ,
Today's closing its in decision with out much movement at all . I'm thinking people will jump on a short side with this one and we all know how many times this creates opposite reaction. If price decide to go up SL liquidation will only add more fuel .
If we look on historical charts from other members you will see how bullish every one was and what market did ...
Long story short I personally think that this has a potential to go higher and at least try to cover the gap above that's left but, looks like it will need some positive news or new demand . Its still sitting in my zone from previous chart but I think we will loose the floor here and start looking for new demand pool .
Please share your opinion ,
Likes and comment are appreciated as always .
See you next time .
$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
Not a Big Fan: $1.78 Target (Curve is Steep w/ ADR)GNUS is one of those stocks that I didn't like from the beginning given the overly speculative investing and what seems to be somewhat of a pump activity going on. Regardless, funds have been overly bullish on this over and over, not paying attention to key patterns. Right now, I expect a continuation of the bearishness, and this should even go down at least to $1.78. At that point maybe some hope the price starts being neutral. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. This isn't meant to be taken as actionable financial advice.
PUMPS brought to you by the Number 2Found some patterns that repeat using this new indicator. The pattern is usually some random number on top (the numerator) with 2's on the bottom (denominator). Following this series of 2's is usually a big huge rally.
This pattern can be found on every time frame.
Here are more charts with the number 2.
BENIUS: $2.90 last Call for the next WAVElike any super issue
it rewards the folks at the bottom
and humbles the stubborn ones getting a free ride..
Genius Brands Stock - GNUSThe Idea is to Hold - The stochastic is on overbought and prices might be ready to go down, but, on the other end they can still going up to 5.00 USD - Due to this opposte information and based on the below Fundamental Idea, the wisest option is to hold.
The success of The Kartoon Channel could justify another run-up in the stock price, but Genius Brands is currently valued on a purely speculative basis, trading at more than 100 times last year's sales. Long-term investors are better off skipping this one