Amfil Technologies Inc (FUNN)

[SeatonBM]

AMFE OFFICIALLY has touched and tapped into its MA(50) line today!!!

I tried taking a real time screen shot when I noticed it, but the price leaped from $0.07 to $0.072 just before I did a print screen screen shot capture.

Anycase... MA(50) is at $0.07 today, and we've seen as low as $0.0695 today... So we've officially touched the MA(50)... Yesterday we came close (within $0.0005) to touching, but never actually made contact... Today though the MA(50) came up as it has been doing day in and day out every day because the lower price per share side of the graph to the left is falling outside of the 50 days being averaged to make up the MA(50) (which is the 50 day Moving Average), and the smaller price per share days are being replaced by the larger price per share days on the right side of the graph... As the days from the bottom of the past bull run start to fall off and the lower end of the average is increasing quickly because of the past bull run, the MA(50) will begin to increase FAST!!! But relative (I explain more in the last paragraph below, I edited this in just now)... Making us WAY DUE for a VERY LARGE future bull run...

And again note, we almost NEVER drop below the MA(50) line historically, almost ALWAYS bounce off of it when we do touch it, and on those RARE occasions where we do drop below the MA(50), we do so for a VERY SHORT period of time, and we NEVER fall significantly low below the MA(50)...

And of course, this speaks of historic patterns... Nothing never says history has to repeat itself here... We can plummet to zero tomorrow and that would not be reflected by history at all... ASTRONOMICALLY unlikely to happen, ESPECIALLY given the news and fundamentals of this company... So I wouldn't be too concerned about that...

Just be patient, know what you have, know its value regardless of its going price right this second... And ride the wave!!! The technical buyers should soon start showing from out of the wood work at any time now... For example, you just saw Chartmaster for the first time in a long time yesterday, he's a technicals guy... Just showed up because he like many others are watching AMFE and will make moves based on technical readings...

50 days ago was about the end of April, 2017 FYI, so the lower end of the MA(50) is moving up the previous bull run as we speak... The MA(50) is an average, so it will never reach higher than the highest peak price, which the 52 week high is $0.0953... So the MA(50) will not reach higher than that for sure, until the highest price per share goes higher than that... And note, because it is an average, it has to average in the lower prices per share days too... Thus, until we see $0.0953 or higher again semi regularly, the MA(50) can't even get to the 52 day high peak price, as he lower days average it down below it... However, just note, neither the MA(50) or the MA(200) have EVER trended downwards, they always move up or sideways... So, we're expecting this to climb!!! It needs... Consider right now the average price of the last 50 days has been exactly $0.07, we cannot fall too far below that point anymore or for every long, or the MA(50 would be forced to downtrend for the first time ever...