Jul. 4 at 8:48 PM
$GNS
Fireworks upcoming week?
The daily chart for GNS shown presents a classic "coiled spring" setup where technical exhaustion meets a powerful fundamental turnaround.
Technical Breakdown:
Looking closely at the daily indicators in image.png, the selling pressure is reaching extreme exhaustion limits, positioning the stock for a potential reversal:
Squeeze & Momentum Exhaustion: At the bottom, the momentum histogram shows dark red/orange bars beginning to recede. This signaling implies selling momentum is drying up right as the price tests major historical support.
Key Support & Pivot Levels: Price closed at
$0.1967, just above the absolute low of
$0.1761 displayed on chart. It’s sitting below the daily (P) level of .2210.
Breakout Targets: A bullish shift out of WEDGE overhead resistance cluster (green line 0.2134 and red line .2525). Once above:
R1:
$0.2659
R2 (POI Area):
$0.3449
R3:
$0.3898
R4/R5: .4347-.4796 TESTING the ultimate high block near .4699–.4898).
🧨🧨🥩250th🎂🍻🧨🧨
