Replies to post #2784653 on STOCK GOODIES PLAYS OF THE WEEK

[coydiggity]

AMFE Weekly Chart - Spot the Divergence

A few things to point out here that to me are quite interesting:

1) Divergence in pps and acculation/distribution line (black). Forked off in a bullish way in March.

2) MFI looks to have bottomed and is now on the rise, even with the most recent red days.

3) MACD needs a “nudge” to cross over.

My prediction: the next test of .12 will be a success and we see a multi-month run as a result. AMFE has over $11M in revs through 3 quarters, in the process of finalizing a three year audit to uplist to the QB, and is franchising their popular board game cafe, Snakes & Lattes, in the USA.