Amazonas Florestal Ltd (AZFL)

[THREE-DAY-TRADER]

I exited $AZFL when I saw the .001 resistance area become established. (See Charts Below)
What it is doing now, falling downward after latest news release June 6 is typical pattern behavior for this stock. It faltered quickly also after last news on May 23 was released.

In this instance--- I'm just glad to have broken even on this without a loss (avg cost .0008 & sold .0008).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=131997386

I would not suggest anyone keep holding this as a longer term as an investment regardless of how great you think the news is. That's a rule I apply to all penny stocks in general. Trade these short term, don't invest in them. The dilution will most likely keep obliterating share value longer term & in months to come.

I mistakenly did not sell this May 23-24 on the last news release hype as it hit higher to .0014, which would have been a profit.
So although I wasted 6 weeks on $AZFL to only get break even at full exit June 7, at least it did not result in a loss & consequently blemish my overall great subpenny trading record (Listed Below):
http://investorshub.advfn.com/THREE-DAY-TRADER-29802/

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=131998691




3 Month chart (as of 6/7/17):


5 Day Chart (as of 6/7/17):



LIVE ~~ 3 Month Chart: