AMFN Price Reset

Some educational observations with this current price drop. Look for the next bottom and buy range to be when the 3-5 year RSI drops below 30 and the 1 year RSI getting below 15 (which it's already pretty much at). Price will likely drop close to the midline of the 3-5 year Bollinger bands, currently just over .10, per the last 2 cycles earlier in the year.

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u/PennyPumper moderator pinned 1 1 day ago

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u/yazkanji 1 1 day ago

thanks for sharing this. for someone like me who is new and only just started reading/learning the lingo, what does the RSI (relative strength index) tell you. are you looking for your next entry point? thank you.
u/Modme2076 1 1 day ago

If you're new, stay away from this stock. It's a pump and dump.
u/Designer-Airport-899 1 1 day ago

OMG THIS IS A PUMP AND DUMP!!!
u/pennystocks-ModTeam moderator pinned 1 1 day ago

Your post was removed by a moderator at r/pennystocks because it was one of the following: low effort, asking about a broker, wondering when to buy or sell, contains zero DD, or is not a pennystock. Please use THE LOUNGE sticky thread for this type of post from now on. Thanks!