ericisom887

GNUS - Change of Supply and Demand

Long
NASDAQ:GNUS   None
GNUS was a glorious pump and dump short squeeze opportunity that many marvelled at. But it's not your regular pump and dump stock, it's remained fairly liquid with investor interest at a higher rate then others. We've noticed a trend change over the past month from a downtrend to sideways. I believe there is a shift from supply to demand happening here and it will most likely pop off in the coming weeks.

Local support: 1.11

Confirmation Break: 1.37

Conervative Target: 2.03
Moderate Target: 2.72
Aggressive Target: $3 range.

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