Amfil Technologies Inc (FUNN)

[recinvestor]

Strongest indicator of reversal I see in charts: bollinger bands.

Aside from news, the bollinger bands show strength moving forward.

The bottom bollinger band has acted as strength before previous breakouts.

Consolidation phase number 1 hit the bottom bollinger band at .013 and saw a move to .095.

Consolidation phase number 2 hit the bottom bollinger band at .058 and saw a move to .235.

The bottom bollinger band was hit today at .16, and based on the historical pattern, this looks like the bottom. What will we see on the next move?

.16 - ??

It won't necessarily move to new highs overnight, just as the last moves from .013 - .095 and .058 - .235 took several weeks. But the key is that, it appears we've hit a key trigger reversal point.



Go AMFE
Rec