GMXS, ERBB & Extended Watchlist

Gemini Explorations, Inc. GMXS

GMXS is an old-time favorite of ours, which reappeared on our extended watchlists on Friday, November 16th, after we observed the stock coming off of its bottom one day prior. Those of you who have been following us for some time may recall that this is the play we followed from .04-.10 back in March.

On the 16th, GMXS was as low as .03, and closed at the high of .04. Last week we continued to see slow and steady gains, finishing off the week at .059. As we stated in an afternoon update last Monday, we could be looking at a re-test of the previous ten-cent high.

The indicators on the chart are looking strong, with a possible golden cross in the making. The RSI is in the power zone, suggesting that recent momentum could continue.

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Since we did our follow-upon our initial medical marijuana round-up report, we’ve been sure to continue to include ERBB in the stocks we are tracking. On the 31st following our alert, we saw a .0016 low before witnessing a jump to .013 (+713%). It slid back and found support above the 20DMA, bounced off of .0035 and hit a subsequent high of .007 this past Wednesday.We’ve been calling for a golden cross since the 13th, stating: “we have a golden cross formation setting up on the chart. This play will be on our watchlist for weeks to come.” The 20DMA also has a chance to break the 200DMA as predicted, possibly this week. Once we see that occur, we expect to see some major upward momentum in the stock.

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Extended Watchlist:

SRGE, SAPX, TLFX, EGCT,