GNUS FOR 1ST MARCH
1. R1 $1.80, R2 $2.0
2. S1 $2.50, S2 $2.19
Daily price actions have been consolidating into an upward trending channel. The prices have been holding steady around the $1.60 mark, which validate the lower of the channel line. Buy at support at the current price, 1.65, with a target of $2.0 initially. More expected targets are $2.40 and above. If you wish the hold this ticker and trade it for the long run, you can ignore the stop loss price, instead buy only small amount initially and then gradually add more positions should it fall.
2. S1 $2.50, S2 $2.19
Daily price actions have been consolidating into an upward trending channel. The prices have been holding steady around the $1.60 mark, which validate the lower of the channel line. Buy at support at the current price, 1.65, with a target of $2.0 initially. More expected targets are $2.40 and above. If you wish the hold this ticker and trade it for the long run, you can ignore the stop loss price, instead buy only small amount initially and then gradually add more positions should it fall.
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