RiskMastery's Breakout Stocks - GENI EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NYSE:GENI ...
I believe this code is at a point of potential volatility.
If price can hold above $6.08 ... Bullish potential may be unlocked.
My key upside targets include:
- $7.45 (Conservative)
- $8.72 (Medium)
- $9.89 (Aggressive)
If however price falls below $5.24 ... Bearish risk potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
GENI trade ideas
GENI | InformativeNYSE:GENI
Technical Analysis for GENI:
If GENI breaks above the bullish line of $5.82, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the first target price (TP1) could be set at $7.60, while the second target price (TP2) could be set at $10.00.
Conversely, if GENI breaks below the bearish line of $5.02, it may suggest a bearish signal, implying potential downward price movement. In this case, the first target price (TP1) could be set at $4.88, and the second target price (TP2) could be set at $4.52.
Earnings watch 3/11 pre-marketEarnings watch 3/11 pre-market:
GENI
GORO
FUTU
PLXP
BKE
WISA
BPTH
RLX
AIRS
RGF
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
GENI BuyLooking at a day trade position on GENI, it's following my strategy entry requirements. This has very nice potential, I would however wait for solid entry confirmation. I'm waiting for the price to potentially bounce off the support and provide me with a nice candlestick pattern to allow me to enter properly. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade.
Must Buy Stock!!!Genius Sports operates in 4 major segments, Sports tech, Video, Sports book, and media engagement.With various partnerships across major American and International sports leagues, including all divisions of NCAA sports; this company checks off all the right boxes when considering business that will take advantage of the growing industries. With an estimated 40% market share in the sports data sector, and being the only one of four major companies operating (the only one of which that is public) this stock has nowhere to go but up. Along with a chart that just hit a major support, it is not too late to get in on this company. I highly recommend checking out their first quarter investor presentation on their website.
$GENI - entered 1st buy zone then the secondI am a fan of the gaming sector and got GENI on my watchlist.
I had a open-with-stop to enter at $17.55 and flew past my second buy level before I knew it.
Watching closely. It's an IPO and volatility is innate in these beasts.
If it holds the 19.50 area, I will add. Otherwise wait until another day that closes above the 19.50 area or buy any dip into the high $17 or $18 range. Stop loss is tight. Unwilling to take a loss on it. Cutting out at $17.88 and will re-enter if necessary.