MEDIA incoming squeeze by 9/5

Looking at 1 day chart, 200MA, Supertrend = I plotted this Incoming wedge squeeze will make the price pop or drop near Thursday 9/5. Likely down to 23.6% Fib at $10 or up to 61.8% fib at $13.20. Anything could happen though. Selloff down to 0.0% at $8 or micro buying frenzy back to 100% at $16+.

✅RSI is slightly moving up from 40

✅MACD line is showing bullish above the signal line and green histogram