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Notes on GNUS - Potential Bullish Scenario
GNUS is seeing a massive surge in volume recently, it's huge previous rise was even comparable to BTC. In that sense I was waiting for at least a full retracement from the high of 80% or greater, however, not too long ago we saw a similar surge of volume that we're seeing today. This surge failed to break into the mid $3 range. That is my current fear now, though CCI and RSI are surging much faster then that previous pump; I am adding this stock to my watchlist for now.
Price point to watch: $3.10-3.25
If it passes this price point solidly, seriously consider buying.
Price point to watch: $3.10-3.25
If it passes this price point solidly, seriously consider buying.
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