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Tuesday, July 25, 2017 8:27:00 PM
This is when there are many eyes on a company and the chartist uses this exposure to market their own name and services that they're compensated for.
Whatever momentum a stock was riding, sometimes reverses, NOT because of This chartist showing up, but simply because a stock goes through a correction as market makers work to regain control of the stock.
The way the market naturally works is the "kiss of death", not the chartist himself. It's funny, this chartist tried to do a video explaining why people think he's the kiss of death, and even he didn't get it right, lol.
Enough people have accepted this urban legend as truth, but the truth has nothing to do with The chartist's arrival.
In the case of AMFE, the poster's presence has nothing to do with the uptrend, or any short term consolidation AMFE may go through.
Don't use this chartist as a barometer. Study the market, read PR's, and use this knowledge as your barometer to understand why AMFE has done so well and will likely continue the uptrend.
Go AMFE (with or without the popular chartist)
Respectfully,
Rec
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