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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Post by Phantomanon Feb 05, 2011 9:36am
427 Views
Post# 18080746

Always same pattern...sharp move to come

Always same pattern...sharp move to comeAlways the same falling wedge pattern since last time I posted. I expected a break out from the general meeting but we
don't get the Tsx approval about the 4301. Anyways the selling pressure seems over since mid november. Now The buyers must control the game and break out. We need a big volume like each time AFA hits the resistances or supports.
The distance between the higher band and the lower band  of the bollinger bands is short. It looks that volatility is coming soon.

Fundamental and technical are AFA's friends. Just looking the sharp move coming!

I have always the same target
.15 ans the first move in the coming weeks is
.09

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