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Bullboard - Stock Discussion Forum Fandifi Technology Corp C.FDM.X

Alternate Symbol(s):  FDMSF

Fandifi Technology Corp. is a Canada-based crowd based and system generated prediction fan engagement platform. The Company’s primary business is the development and monetization of the Company’s all ages prediction and wagering Esports Entertainment Platform for engaging fans on mobile applications. The Company's segments include Canada, Curacao, and Cyprus. It provides a platform for content... see more

CSE:FDM.X - Post Discussion

Fandifi Technology Corp > Gap closed.
View:
Post by 1praesens on Apr 05, 2022 11:17am

Gap closed.

Under "normal" circumstances I´d expect this to consolidate above 24c.
Yesterday it broke out of a consolidation pattern on the 9th day on heavy volume.
A retest of the 24c once resistance now support is/was likely of course.
Even  a new consolidation right on top of a previous consolidation is pretty normal.
The gap below at 23.5 c (closed right now) may give it / have given it an extra motivation coming back down below 24c into the consolidation area.

Under "normal" circumstances, considering yesterday´s volume, it should move back up from here above 24c.

BUT - this chart is less reliable TA wise than a "normal" chart ... because, as correctly has been stated on this board (or at ceo.ca ?), it is still being build !!
It´s less than normal showing the visualisation of buyers and sellers psychology, it´s way more influenced than a "normal" chart by manipulatuion (btw each chart should be considered as being manipulated in a certain way).
The chart is being played by at least one certain group which representatives are also active on these boards for trying to give others or themselves the opportunity of adding more shares at the lowest possible price.

So order your popcorn and watch.
And BTFD :-)

Comment by 1praesens on Apr 05, 2022 11:19am
... gap close at 23c of course ...
Comment by picasso1 on Apr 05, 2022 2:24pm
Yes. Gap closed. Technicals are useful on fdm. Sellers are there. Keep bidding.  Cheers
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