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Thursday, May 04, 2017 4:07:11 PM
.0008 close for May 4.
It didn't trade to .0006 today even when the .0006 was at bid variously throughout the day. Often MMs or bidders moved up to .0007-.0008 while there was a small % of willingness amidst the volume today to dump into the bid below .0007.
$AZFL could finally form a good pop within a week in my opinion.
I liked the MM action today & VNDM (MM-diluter) stayed way all day.
Every few days/2-3 days (since last week) this thing has some unusual volume & MM activity, and given the fact of MM activity mentioned above combined with it being quite technically oversold yet, the next positive day(s) it has could be a nice, trade-able upward reversal move that may be larger than what we've seen over the last 1-2 weeks since .0007 was first established on April 21 (with news catalyst or not).
Simply put we're due some good days on this pig & the potential is certainly there.
Just speculative analysis of mine & we'll see what happens.
I simply see similar circumstance with $AZFL compared to other recent stocks that popped the last few days which I mentioned along with prior successful subpenny trades of mine & believe a pop back above .001+ area or .002's+ is not unreasonable in the short term.
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