The shares of Goldbach Media (GBMN) look like they are setting up to breakout of their sideways path.
Heavy volume and large off market transactions have occured in the last 2 weeks.
The 50 (Single Moving Average = SMA; PURPLE) and the 200 (SMA; LIGHT GREEN) are close to crossing. When the 50 crosses above the 200, it’s called a „golden cross.“ Generally, a buy signal is established when the shorter-term 50-day SMA crosses above the 200-day SMA. Keep in mind, that the 50-day, 200-day Simple Moving Average crossover is a very long-term strategy. (But the grain of salt to this analysis is in this article: Does the Golden Cross really work)