What is up, everybody welcome to trace trades, where we have technical analysis on different stocks in the stock market, as well as potential buy, hold or sell opinions on these given stocks. I like to preface by saying that i am not a financial advisor nor expert. I am just some random dude on youtube, so take what i say with a grain of salt. You guys love to excuse the fact that i'm a little bit quieter than usual.

Today, i am at my girlfriends for the holidays today in wisconsin and i'm just trying to be respectful of their sleep schedule. So please bear with me and lastly, if you think you'll enjoy the video, please drop a like, if not drop, a dislike, either way helping out the youtube algorithm and i'd greatly appreciate it and consider subscribing to the channel if you'd love to join the family out. Here at trey's trades we do post content like this every day, so you would be able to join us for the ride. With that being said, today we're going to be looking at ticker symbol.

Gn us genius brands international incorporated now, let's kind of lay the groundworks here. This stock reminds me a lot of idex in a lot of ways. If you pull up gnus on stock twits, they have a pretty huge following 73 552 people and uh. As of late, things are looking pretty red, the price has been read, sentiment is red and message, volume is red, and the sentiment and message volume to me is the bigger deal here, because you really need high buyer sentiment and volume comes from.

You know platforms like this that allow people to discuss whether or not they should buy a stock, and if the message volume is down, that means the interest is also down, and if we want to look at the volume here, you can see that we have been Seeing a little bit less volume than we normally do, this is a 30 minute chart. So in a typical window, we've got 641 000 here, 1.5 million 1.2 million. If we look back a couple days, 1.2 million 1.3 1.3 at the high here 3.8. So it does seem like we might be, losing a little bit of steam and a loss of volume does mean a loss of volatility and for a penny stock.

That is not usually a great sign um for upward price movement, but that is not the end-all be-all. So, let's take a look here, you can actually see that we are on an overall upward trend. Um. We have a dollar 31 at open on the 25th of november and we closed at 1.57.

So in a month we are up 20 cents, which is a pretty decent chunk, but we have gone up as high as over two dollars up and to cents. Two dollars and thirteen cents is a high. So that is a number that we are going to eventually be looking for with this stock. However, do keep in mind that if you look at this seven to eight day window, we are on a general downtrend, we have been below the volume moving average, the vma for a pretty solid chunk.

We have risen above it, you know ever so slightly and we had a pretty solid green day here, a pretty neutral day on thursday christmas day, however, we are going to need to get above this volume moving average i'd like to see a little more volume pump Into this stock so make sure you keep that in mind when you're looking at trading this stock. So let's draw up some indicators and we're going to lay a level of support on this stock right here at about 1.52 cents. We have three candlewick sticks that are touching this in a pretty heavy price rejection shooting up to as high as a dollar 63, and i like to see that the more price rejection you see from a support level, the more you can trust that support level. So i do like this dollar fifty two cent mark.

If we do dip below this dollar 52, you will most likely be looking at a red day and you will most likely be looking at a pretty drastic sell-off, because for whatever reason or another, when a stock price shoots below a support level, things team things seem To drop off very quickly, so keep that in mind when you are looking at this company and then i am going to draw up an immediate resistance level and we're going to set that right here so at 1.62, this will be our immediate resistance level and when We can go, we can go further down the line on resistance once it gets past this dollar 62, but we have been on a pretty general downtrend, so i think we're going to focus on that dollar 62 for now. So you might want to write that number down 1.62 resistance, 1.52 support and we have a secondary resistance level right about here at a dollar sixty five, now three cents isn't huge by any means, but for a stock, that's already just trading at a buck. Fifty seven three cents is a pretty significant difference. I mean you're not playing with a whole lot of pennies.

To begin with, i mean there's only 157 and a buck 57. So whatever three is for that you know you can you can do the math, but it's uh it it's it's weighted a lot heavier than it would be for a 10 plus dollar stock. So just keep that in mind opportunities to play this well, it depends on how you are invested in this stock at the moment, if you bought in anywhere near here, you're going to be looking for another opportunity for some volatility for some volume, so you can get Back up to this, this two plus dollar range, but it's very hard to predict when something like that is going to happen, and you know i don't hate on this stock whatsoever, but, historically speaking, this is a pump and dump style stock. This does remind me a lot of what we used to see out of idex, but that stock to me has been kind of slowly graduating out of that category, which is nice but regardless.

That is where we are sitting with that. So if you are a bag holder, you might be holding for a while, but there is solid potential on this stock. So just keep that in mind when thinking about investing in this now i do want to pull something up here and just give me one. Second, it's a a comment from one of the subscribers on the channel and i think you guys would like to read this.

So i'm gon na pull this up for you, okay, so we have from mike sanchez. He recommended that i check out gnus and i want you guys to read what he has to say here. While we wait for the next earnings report from ad revenue from cartoon channel, it's coming, they have little debt but on a cash burn. Yet enough cash to fund operations for five years according to their ceo, andy hayward.

Now that's huge. I don't know why it turns people off so much when companies have a lot of cash on hand instead of assets. You know the only difference being that cash is liquidizing. Assets are not.

However, i do like the fact that they have a bunch of cash on hand, and i like that they are going to be able to fund themselves for five years. So you can kind of see this as a pretty blanket way of saying the company is going to be able to continue growth for five years. That's like a safe confirmation of five years, at least of consistent price action, and i like to see that of any company, because you never know what's going to happen and if a company's going to go bankrupt, especially with a penny stock. Anyways not sure why we have some people thinking having too much cash is a bad thing.

Well, yeah. I agree. Better debt utilization is in question, but if it's working shoulder shrug, also shaq just became involved in his making shaq's playhouse to be released in 2022 and personally bought warrants for a buck 55. Not saying what to include as it's your videos.

But there is a lot of hate relationship with inexperienced, quick bags, philosophy, investors and focused on bad past bad publicity versus all the good details. They're overlooking - and i agree with that man - i think that's very important to think about. I think a lot of people don't really talk about genus as a company and why they might have some good things. So i do have an article pulled up on these guys that i wanted to share with you and uh.

Why is genius brand a good buy and there is some interesting things in here? It does have some pretty solid upside. As most penny stocks do um. This is the big one. For me, genius brands holds 55 million in cash on its balance sheet and zero debt.

For a company to have zero debt, it's pretty unheard of. You know. I i actually personally think having a little bit of debt, for a company is a good sign, but it's definitely not a bad thing to have no debt. That means that their financial situation is doing just fine, which is uh an indicator that you might not see a shared dilution sell-off if, if this stock does somehow take off, so just keep that in the back of your mind, arnold schwarzenegger is a significant investor in Genius brand stock, as we spoke about earlier shaq, is a is a pretty strong investor.

Basically, this company, what they do genius brands international, is a global, publicly traded company that creates animated and licensed entertainment content for children. Now the market for this, especially with coronavirus and copen19 going around, is a lot higher than it used to be. So i do think that there is a lot of potential here with genius brands international, but you do need to keep in mind that this is historically a pump and dump stock. So you need to be very careful about how you enter this and how you exit, if you are planning on getting on this in the short term.

So that is what i have for the video. Thank you guys for watching make sure that you write down these resistance and support levels so that you are prepared for market open on monday and have an idea of what to expect. If you enjoyed this video, please consider subscribing to the channel i'd love to get to 200 subscribers by next sunday, and i would love to have you be a part of the family. Please drop a like if you enjoyed the video if not drop a dislike, and that is all that i have for you today.

So thank you guys for coming to the channel and i'll see you guys next time. Peace.