Not many enjoy days like this, but if you're in this for the long game, it's an easier pill to swallow.
Sometimes you can't beat the market makers and a day like today creates action in the market.
IF there was a short position, today may have helped solidify a cover, and in turn we may see smaller blocks on the way back up.
IF this was retail action, it shows that when AMFE gets into the high .06's / low .07's, there's a lot of interest. Good for anyone who saw an opportunity and had shares filled on the bid.
It could be a combination of both market makers and impatience from retail.
If I had to make an educated guess...looking at the chart shows very little tapering in the A/D line, so this was likely market maker manipulation creating action on a relatively low volume slow day, up until they started making that market.
We are still in a tight channel and consolidating nicely.
I'm sure experience tells many here that today's action shouldn't throw caution to the wind.
I'll reply privately to earlier messages a little later.
Go AMFE
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