Replies to post #303343 on Amfil Technologies Inc (FUNN)

[Carter08]

Resistance is at .03 up from .02
Let's see what happens.

[BubbaInSC]

Technical and Fundamentals Right On Nose Again

And, here is yesterday's chart for comparison to Chart from 7/31/20


8/3/20 Chart at EOD. Hmmmm, looks like I was right on technical and fundamentals pre-market trading yesterday!! :)

New resistance is the 200 day MA = ~ 0.032
New support is the 50 day MA = ~0.014
RSI = 78.79 rose, as predicted - and now is in overbought territory. I expect pps and RSI to continue trending upward short term; hence the short term bullish call that was previously made.

Again, technically in good shape, but now overbought. Some will take profits this week. I know I would w/ a 150% gain for those who bought at 0.01 - and take real profits.

Fundamentally still A WRECK. FY20Q4 will be horrendous. And FY21Q1 will be bad too; especially if the DODGER fails to support the café reopenings in a couple of weeks with marketing support.

Otherwise, the lack of demand will force Tempe and Annex to close A THIRD TIME, and Midtown and College a second time.

BANKRUPTCY IS STILL NOT OUT OF THE PICTURE YET.

It's not like the Dodger is going to pre-announce something like that.

bwahahahahah. Technicals are nice and objective. Never fall in love with stocks.





8/3/20@8:24 A.M. BEFORE Market began. Chart was from Fri 7/31/20

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157326896

New PPS Resistance =~0.032? Technically in Good Shape

Technically, bullish near term - as pps broke resistance of ~0.018

new ceiling of resistance is 200 day MA ~0.032
new support is 50 day MA ~0.014

RSI = 70.98 and still trending upward, but will be in overbought territory sometime this week.

All the PRs still made up of FLUFFA NADA "news"

Still no new significant sales by 3 subsidiaries
Still no new cafes opened
Still no new leases signed towards the alleged 10 new cafes promised by the DODGER
Still no announcement on when FU19 and FU20 audits will actually be filed.