Replies to post #75168 on Amfil Technologies Inc (FUNN)

[Cuervman]

200 ma

[midas716]

Just looking at the charts it was easy to see there was no real support at .1425. Someone dumped 520k at the close yesterday. Why? Because they knew this was going to happen. It was engineered. I just put 2, 3, 4 ,5 and 6 together. If I was a gambling man, obviously I am, I'd say most here knew it was coming as well. Just not willing to say so for obvious reasons.

Now it remains to be seen to see if they try it again. GLTY. Enjoy your holiday.

[SeatonBM]

Yea I see why $0.11 was the obvious call if it broke $0.1425... I was so sure however it wouldn't... When I made my support resistance lines I didn't acocunt for the milestone MAs, I just when based on price action, so I skipped over $0.1425 down to $0.0954... But the MAs do play a support role too... Because they move around (however slow or fast) I don't usually use them in drawings...

I've posted elswhere on other boards though about MAs acting as support before... I think BV+K was one I recently mentioned a week or 2 ago...