Amfil Technologies Inc (FUNN)

[recinvestor]

Low volume, yet the price is holding relatively well.

This is exactly what one should see during a period of consolidation. It shows that most are not willing to sell.

I'm estimating around 17 million shares have been traded over the last 15 trading days (3 weeks).

That represents a days or two worth of volume during the slow and steady move from much lower ranges.

There will always be investors who don't have the patience, aren't seeing the complete picture, actively trade no matter what, trade for a free position, or just need funds for whatever living expenses present themselves. Let this all play out at these higher levels between .07 - .08, just as it has in the past.

Circling back, it is very healthy to see consolidation, even if it takes a while, as long as it occurs on low volume and at a steady range at higher price levels.

Lastly, just look at the accumulation that's taken place. It's been on a steady uphill climb for months. This means investors are buying and holding.

If all of the above combined with the rest of the chart technicals previously spelled out by many here, isn't very telling of a pending breakout to the higher side, I don't know what else to say other than to continue ones education and knowledge of how these market characteristics apply to healthy trading.

Respectfully,
Rec

Go AMFE