Genius Group Limited (NYSE American: GNS) exploded today, closing up +55.41% at $1.15. After trading quietly for months, GNS has launched into a strong uptrend, capturing traders’ attention.
Key Technical Highlights:
Huge Surge: GNS rallied from a low of $0.6050 to a high of $1.31 before pulling back slightly into the close.
Volume Spike: Substantial volume signals conviction behind the move, breaking the stock out of its prior consolidation.
Trend Shift: Price has pushed well above the short-term moving average, confirming bullish momentum.
Resistance Levels: Next challenge sits at $1.31, the recent high.
Support Zones: New support is near $0.85–$0.90, with stronger support much lower around $0.21.
Rising Volatility: ATR is climbing fast, suggesting larger daily price swings ahead.
The Bottom Line:
Genius Group has stepped into the spotlight with a powerful breakout. Sustaining this move depends on follow-through buying above key resistance. Traders should remain cautious of potential volatility and profit-taking after such a big run.
Disclosure: This is not financial advice. Do your own research.