Amfil Technologies Inc (FUNN)

[recinvestor]

Smart money pressuring the ask to apply pressure on the bid side knowing that in order to close the wide spread from low .18’s bid side x low .19’s ask side, they must push the ask higher to bring the bids higher.

Even though the spread is still wide, it has now moved from low .18’s x low .19’s to low .19’s x high .19’s.

That’s smart money at work!

I don’t mind the wide spread at the bid and ask, as long as the spread stays consistent and moves higher. But that won’t continue for long.

The bid and ask always tighten as volume and quantity of trades pick up. And I have no doubts that will take place, and to the upside.

Long AMFE
Rec