Over here at Purely Penny Stocks we hope everyone enjoyed the Holidays and are now ready to get back to making everyone some money! We have been covering a stock AFPW since its higher PPS. We watched it spike up but then settled back down. We felt it was at its bottom so we started emailing it out again for our members.
The stock’s price held strong last week with .06 being tested on Monday with increased volume. The Price really moves with volume and the chart shows it does. AFPW’s fundamentals are looking stronger then ever. The business model is sound and we expect the Price Per Share to follow very shortly once the world knows about AFPW.
We know a very well respected Chartist who we ask for his opinion on certain stocks. Over the weekend he also did a Focus chart for AFPW. Below is his opinion on AFPW and I think he is onto somthing Big. IF AFPW can break and hold over it’s resistance at .06 we should be smooth sailing from there.
The following is an excerpt from his mailer he sent out over the weekend.
Focus Chart: AFPW
Our chart this week falls into the ‘Bottom Bouncer Play’ category. With the bullish Hammer Candle forming a few days back, it really puts the chart in a nice spot. Hammer Candles ‘do’ require confirmation, but as can be seen below, ever since the candle was formed, the price has been making higher lows, and that’s the name of the game! Now, the chart still has plenty of work to do, but with any sort of increase in volume, the potential here has a lot of upside. If the bulls can push through the resistance trendline, then don’t be surprised to see the chart make a move up to around $.09 or so. The key thing to watch for is volume. The potential is there, the chart just needs an increase in volume and with that, it should make lots of people smile.
AlumiFuel Power Corporation’s Major Highlights
-‘Speculative Buy’ rating with a price target of $0.40.”
-AFPW is in a Smoking Hot Sector! “alternative energy”
-In July The Company Moved to a Bigger Facility in Philadelphia “About 4 Times The Size of Their Original Location”
-The location is not only bigger by “four fold”, the new building is also going under certification as a Leadership in Energy and Environmental Design (LEED). This is the highest benchmark for “green” buildings around the world.
-Philadelphia is also the “Home of Hydrogen Energy”, so its location gives AFPW a big Advantage over competitors. They are also located near the University so the location of the center of a high-technology talent pool and advanced nanotechnology materials analysis capabilities, we are ideally situated to grow AFPW’s business base.
-Keen customer interest has been majorly increasing from PBS and Department of Defense’s Naval Energy Forum
-Partners with Kaymont Consolidated, which is the world’s largest distributor of weather balloons, a $100 million market.
-AFPW is developing a new Reactor that will expand AFPW’s capabilities to adapting to broader applications.
-Developing New Hand Held Flameless Heating Devices
-AFPW recently announced they conducted successful testing of a new generation Flameless Ration Heater (FRH) prototype using its AlumiFuel powder mix, which is customized to serve a variety of applications.
