I write an Update of FTR because we have left the Fork of my Last Update. The FTR Price fluctuated at the UMH for some days. Then it broke and we made new lows.
The Situation now is not very clear. Since we have new Lows generated we have to accept in worst case a new low again.
But Friday late, something strange has happend. Very high Volume has occured by rising prices. Its not huge, anyhow it could be a sign. The sign, that the mind of Traders has suddenly changed. In 15 days a Reverse split will happen. This has upset the most Traders and Investors. Usually the shares fall in Front of Reverse split.
This was a good catch for short Traders. But they have to be careful. Unless this Company goes bancrupt,they will some day cover their shorts. Then when the dark Tunnel ends.
But in Fact im interested in the Power of the Market.
And some Momentum Indicator show me that the worst could be over now.
Fundamental i believe... the Internet and so on, will get eaven more immportant in the Future. Everything will be digital. And this company could play a role.
But be prepared. A Turnaround could take some Time in general. And look also for the right Positionsizing and Stopp Loss if you invest.
The Situation now is not very clear. Since we have new Lows generated we have to accept in worst case a new low again.
But Friday late, something strange has happend. Very high Volume has occured by rising prices. Its not huge, anyhow it could be a sign. The sign, that the mind of Traders has suddenly changed. In 15 days a Reverse split will happen. This has upset the most Traders and Investors. Usually the shares fall in Front of Reverse split.
This was a good catch for short Traders. But they have to be careful. Unless this Company goes bancrupt,they will some day cover their shorts. Then when the dark Tunnel ends.
But in Fact im interested in the Power of the Market.
And some Momentum Indicator show me that the worst could be over now.
Fundamental i believe... the Internet and so on, will get eaven more immportant in the Future. Everything will be digital. And this company could play a role.
But be prepared. A Turnaround could take some Time in general. And look also for the right Positionsizing and Stopp Loss if you invest.
