Gemini Explorations, Inc. GMXS
Yesterday, GMXS had another big volume session. That’s two days this week in which abnormally high volume was observed.
We saw GMXS close at its HOD yesterday, also a new 52-wk high. The chart continues to look stronger and stronger as accumulation increases.
GMXS’ 20, 50 and 200DMA are all on the rise, as you can see below. In addition, the MACD is kissing and ready for a cross. We have every reason to believe that the potential for added gains exists.
GMXS has done well for us to this point, and will remain on our longer-term watchlist as well, as we see a possibility for short, medium, and long term gains.
BARCHART.COM also upgraded its opinion of GMXS from 88% to a “96% Overall Buy Rating”.
New Website for GMXS: http://geminimines.com
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Extended Watchlist:
RSRS, ICPA, VPER