Friendable Inc (FDBL)

[THREE-DAY-TRADER]

$FDBL ~~ Looking at recent activity, there is price support level since the low .003 area which I noted in my post(s) Wednesday...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125752707
http://investorshub.advfn.com/boards/profilea.aspx?user=397801

And that said, there'es been plenty of opportunity to enter it each day so far under .004 if anyone set a limit order (using low risk amount of $$$ 'mad money').

Just speaking with simple basic chart analysis:
2 very good signs for FDBL is that its still 'oversold', yet also establishing pps support over the last 3-4 weeks.
3rd related good basic sign is that the RSI is also indicating this stated price support (showing technical agreement), with increased signs for potential to reverse higher out of its latest price range channel.

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All this is occurring despite the ongoing 'dilution' issue.
All that matters to me is the short term, and in the short term technicals are looking good with increased potential of more news catalysts yet that could push up the price despite the other dilutive issue plaguing FDBL longer term.
Whether one likes FDBL or not, this is the objective reality currently occurring

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{So anyhow, we'll see what happens yet}