We'll see, I'm using my chart of where its "MOST" likey to reverse. Of course it may never happen but don't be to surprised if it does. 3 hours left of trading.
hello Manti, yes, I do like ~ASFX~ at these prices...I am currently considering buying very soon...over the intial days of the first run, I noticed via volume,& Level 2,that a lot of traders wanted to treat this security as an extremely short term play...Of course my belief is that ~ASFX~ is actually a long term investment vehicle...
Remember this...no matter how good a stock's underlying condition's are, the actual day-2-day trading is only as consistant & as strong as the current shareholders...if they choose to day trade the stock, that activity will be reflected via volitility...
As far as changing the weekly ~ASFX~ chart...I see no need.Look how the chart reflects exact resistance levels.Also pay attention to how I created those resistance lines...when I originally made that chart, many probably thought that it was just a fun & creative way to annotate a chart...maybe now some of those viewers will realize that it is not I that creates the chart...Mathematics create the charts...I am just an instrument that implements mathematics...
Also, a lot of the investors over at ~ASFX~ are really good people and friends of mine as well...As we all know, it does not take that much capital to really move penny stocks (especially the ones with low floats).Every now and again the market gets a stock that will move how ever the traders of the stock want it to move...~ASFX~ is one of those stocks,IMO... Right now traders choose to day/position trade ~ASFX~.In pink stocks you cannot blame them,but one also can not blame the stock either...JMO...my original targets still ring true...at least .11 in the future...
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