GNUS has had a strong bounce off support around the $1.45 area and is seeing upwards movement. The daily RSI is sitting at a healthy 50 and the MACD has just crossed indicating an end to the recent sell off. We see the chart making large up and down movements and seems to be extremely volatile, so is this the start of the next upwards swing? We might see a...
GNUS is looking stong putting in higher highs and higher lows. Lets see if it can hold the green area as support and this it as a great area of entry. For the blue line, there are only two data points so we can easily break this or maybe not even reach it in the short term. GNUS skyrocketed to over $11 in early June and corrected/came back down pretty quickly...
Right now in April of 2021 we are currently seeing a healthy consolidation of ICNB in the $0.40 range with a local peak at $0.55 and minor "dips" to around $0.30. - MACD is sitting just around the 0.0 range and RSI at a beautiful 45 - 50. On March 31st the price dropped down to $0.28 and in the same day rose back and ended at $0.44 which is an incredibly bullish...
Here are some key resistance and support lines. I'll be looking to see if ALGO will hold the blue increased support levels and if it does not, I'll be looking for buy setups around $1.10 or below. Note the MACD prior to the last massive swing up in February. We seem to be going through a similar pattern through March coming into April hanging around in the .025...