Good morning all,
The OTC market is hot right now, and we are ready to deliver another sub-penny winner.
We have a huge Bottom Bounce Alert on Geo Vision International Group, Inc (GVIT) today.
GVIT has pulled back in a big way over the past month, closing yesterday at $0.0043, after reaching highs of $0.035 just a few weeks ago.
Best of all, GVIT has been very quiet of late, and we think the chart is set up beautifully for a big move off the bottom here.
We particularly love the technical’s on this one. The RSI at 36 is showing very oversold conditions, and the MACD is bullish.
Better still, the chart is showing a slowing downward momentum and is starting to consolidate at current levels (as evidenced by the long tails on the recent daily candles), with weeks of selling pressure at an end.
With sellers out of the way, buyer momentum could propel GVIT to nice gains today.
Recently, GVIT received approval to have their products sold on Sears.com – a very popular online shopping destination owned by major department store retailer, Sears (NASDAQ: SHLD). This could lead to big revenue growth and a lot of exposure.
GVIT is
dedicated to offering health conscious Boomers safe and natural products
at affordable prices.
Their mission is to provide effective supplements
to not just maintain but improve health and well-being, supplying only the finest
quality nutritional and dietary supplements at a high value.
In addition, GVIT‘s supply
chains are closely monitored and meet the highest FDA standards.
We think GVIT could take off today, so make sure you are prepared at the opening bell.
We’ll keep you informed of any updates throughout the day.
The Team
Penny Stock General
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