Gann Email #8 – GMD Exit Signal & TLC Entry (Mex Pete Portfolio)

Summary

Phil Anderson reviews the Genesis Minerals (ASX: GMD) position in the Mexican Pete Model Portfolio, noting a close below the raised stop at $3.70 an d in s t r u c t in g s u b scr ib ers t oc l ose t h e p os i t i o na t a pp ro x ima t e l y 79$ 5.30 and a successful retest of support at $5.20, w i t ha s t o p se t a t$ 4.70.

Key Claims

GMD closed below the raised stop level of $3.70, triggering an exit signal — confidence: high
The GMD trade delivered approximately 79% gain from entry, held over a matter of months — confidence: high
GMD was identified as relatively weaker than EVN (Evolution Mining) as noted in the prior May 5 commentary — confidence: high
TLC broke out above $5.30, p u ll e d ba c k t o t es t s u pp or t a t$ 5.20, and is not making more than two consecutive down days — confidence: high
The inability to make more than two down days in a row is characterised as a sign of strength — confidence: medium
Mexican Pete patterns help identify which sectors are moving, which Anderson considers directly useful for reading the real estate cycle — confidence: high
Anderson states that Gann’s methods influence his approach but acknowledges other valid trading styles exist — confidence: high

Mex Pete References

GMD (Genesis Minerals, ASX): Accumulation pattern tracked prior to a breakout above the $2.00 res i s t an ce l e v e l (d a s h e d l in eo n c ha r t) . St oc k e x hibi t e d t h ecore M e x P e t ec ha r a c t er i s t i cs : hi g h er l o w s w hi l e t es t in g a res i s t an cece i l in g, f o ll o w e d b y ab re ak o u t . S u b se q u e n tl y ma d e a ser i eso f hi g h er hi g h s an d hi g h er l o w sco n f i r min g t h e u pt re n d . P os i t i o nn o w c l ose d o n s t o p v i o l a t i o na t$ 3.70.
TLC (The Lottery Corp, ASX): Identified as a Mex Pete setup on the AUS watchlist. Breakout level was $5.30. St oc kb ro k e ab o v e t ha tl e v e l, re t u r n e d t o t es t s u pp or t a t$ 5.20, and is displaying trend strength (no more than two consecutive down days). Added to the Mexican Pete Model Portfolio with stop at $4.70 (most recent primary low in the pre-breakout pattern).

Stock Picks / Signals

Ticker	Exchange	Action	Price Level	Stop	Notes
GMD	ASX	Close / Exit	~$3.70 (stop triggered)	$3.70 (stop, now breached)	~79% gain from entry; stop had been progressively raised
TLC	ASX	New Long Entry	~ $5.20-$ 5.30 area	$4.70	Breakout above $5.30; re t es t o f$ 5.20 support confirmed; ~11% downside to stop from current price

Predictions / Forecasts

Implicit continuation bias on TLC given the breakout and strength signal, but no explicit price target or time target stated.
No broad market price or date forecasts provided in this email.

Notable Quotes

“By tracking Mexican Pete patterns, you can tell which stocks are under accumulation. There’s no second guessing on what to buy. There’s also no guessing on when to buy it.”

“What’s exceedingly helpful for me about the ‘Mex Pete’ patterns though, is that it helps me work out what sectors are moving at various times and this is seriously helpful knowledge when related to the real estate cycle.”

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