Tuesday, August 29, 2017 11:15:11 AM
Yesterday when using the 2.51 ratio, my Crystal Ball predicted we'd bottom at $0.145... Which the dip right after the gap just before the consolidation period agreed with as a key support level (the same thing interestingly occurred as well in the previous consolidation scenario).
After entering in yesterday's figures (open, high, low, and close) all of those weighed in on the averages that the ratio is derived from, lowering the ratio from 2.51 to 2.4911... The next interesting thing is that when you use the new ratio of 2.4911, yesterday's hypothetical prediction changes the predicted low from $0.145 to $0.1445 (note that in the last yellow picture towards the bottom of my original prediction post)... Today we have currently bottomed out at $0.1443, Pretty close!!!
My crystal Ball shows today should be a green one, that the reversal happens today or yesterday... It technically said yesterday, but because we didn't touch yesterday's predicted floor, I went on to add an interpretation based on a gut feeling based on not touching the floor that the reversal would actually occur today, AFTER we touch the floor... I still believe that to be the case... So... Now we should begin our journey north...
And bonus material, we dropped below the bottom Bollinger Band, so this is a bullish sign, as is the fact we challenged the 50 day Moving Average... We actually did NOT touch the 50 day Moving Average yet, but came pretty close... The current 50 day Moving Average is $0.141, and we so far bottomed out at $0.1443... Either way, for AMFE this is a bullish signal... As is the cooled off RSI... Speaking of RSI, we have never had an RSI below 40 before that I have seen, we are about to challenge that... Our RSI is 41.67 currently...
A lot of signs point to that reversal now...
See the entirety of my original Crystal Ball prediction for today, here with pictures:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134204649
LASTLY
A key thing to note is, new share holders are getting in on this... So while some longs maybe getting out, new investors looking to make money are getting in... Again, the fundamentals are great... The day to day dips and share price shouldn't matter in the long term... It is all just a mental test!!!
Enjoy the latest Press Release from AMFE released last night, here:
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Discusses-Upcoming-300M-Authorized-Share-Count-Reduction--Common-Share-Reduction---Other-General-Updates?id=168351&b=y
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