RE: RE: RE: Total DealershipsJMHO,
Same here. I have been buying the stock since Feb 25th and have acquired a position which can make a difference. Not trying to squeeze out profits on 1/2 cent price changes, but am going for the home run. It's just such a company which I feel can deliver.
The car dealerships will be a major revenue generator for Futura. Have to sit back and take a look at the size of the market both here and in the US. The car dealerships represent vehicles from all over the world. Who knows what other opportunities will open up as a result.
I don't know whether this chart has any predictive value.
https://stockcharts.com/h-sc/ui?s=FUT.V&p=W&b=5&g=0&id=p15333761103
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Appears like there's support at 3 cents.
Things are much better now, than when the stock reached 6.5 cents.
The positive bars have good volume behind them, outperforming the red downside bars by a considerable margin.
The 50 week MA has crossed the 200 week MA this week. Some investors use this crossover as a buy signal, in addition to other indicators.
Have to go into indicators like On Balance Volume and the others to get a clearer picture. Currently they show no negative divergences, so it's business as usual.
RSI is 46. Not overbought nor oversold.
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I don't know what to expect from the 2Q financials, but I feel gross revenue improvements should be evident.