CHART: I think the current $0.166 (or roughly around this price) is the floor...
At $0.166:
-The MMs seem to back off... The price isn't walked down or up, or painted red regularly...
(Hmm...Why would that be??? I mean, this has been stagnant for awhile, right??? Hasn't that been the MMs paradise??? Could it be because they watch the technicals too)
-The shorts also backed off...
(hmm... Again.... Why...)
simply put, when we reach the $0.166 area, we just sit still or move up... This is the battlefield of the bears and bulls... Bulls tend to win, and are seemingly winning!!!
The technicals indicated this to be the floor (though the floor should be moving up with each day that passes)...
And again, take a look at this below:
And again, if you have any questions, comments, or concerns, you can get them addressed as AMFE will be discussed in detail with guest Roger Mortimore (AMFE CEO) on the radio at 6pm PT/ 9pm ET at KSCO
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