GOLDEN PHOENIX MINERALS (GPXM)

[Ericus]

At support now. But important support at $0.225 is broken.
When broken down this support @ $0.21, next stop: environment of $0.16....
Technicals don't look good, especially the weekly. However a rebound in stochastics looks possible what could support the stock.
http://stockcharts.com/h-sc/ui?c=gpxm,uu[d,a]wallyyay[pc11!c5!c8][vc60][iue6,13,5!uh8,3!lj[$hui]]
At the daily we see a (weak) morning star what is slightly positive.
http://stockcharts.com/h-sc/ui?c=gpxm,uu[w,a]daclyyay[db][pc3!c5!c8][vc60][iue6,13,5!uh5,4!lj[$djain]]

In general it's amazing that the stock was not in the possibility to follow $djain what - of course - is not a good sign.
http://stockcharts.com/h-sc/ui?s=$DJAIN&p=D&b=5&g=0&id=p65815631598

The numbers however, coming out soon will change the outlook dramatically, if they are good. But I think there will be a lot of extra costs too. We'll see.