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.
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.
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