RSII... Ascending double bottom pattern- bullish, good volume, may see a pull back at $0.022 resistance, but me strength is on its side, if it gets past $0.022 it can go to$0.029 where it'll meet resistance... If it gets past that... It can run who knows how far...
I think it could stop by $0.03 though... But I don't know the fundamentals there, or the news making it run... IF solid enough it can go cents higher... RSI says it can go further...
If however it fails to bust through $0.022, it may come down to form a triple bottom, might be a good buy opportunity at the bottom of that... Have to see how well it passes and holds past $0.022... Again RSI looks good...
Conservative me says sell somewhere between $0.022 and $0.029... Take your profits... If it blows past $0.029, at least set a stop loss at $0.029...
AMFE's volume will come... AMFE's volume dries up and returns in bursts...
Keep in mind AMFE is also a $0.1488 stock, vs. RSII as only a $0.022 stock... RSII is only doing $1 million to $1.25 million in dollar volume... If AMFE had a $1 million to $1.25 million dollar volume day, you're only talking 3 to 6 million trades in volume... Granted I'll give you under 300,000 is no where close at only $40,000 to $45,000 in dollar volume... For now....
RSII's volume won't always be 58 million though...
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