$LMFA O
The Technicals -
A clear divergence of the OBV and Price Action, which preludes growing buyer volume and long position sentiment.
Earlier last week,
LMFA hit all time-lows with its bottom at 5 cents above the half dollar. Although we have a considerable amount of selling to break past, I would anticipate the larger corrective retest to occur at the 1.414/1.618 extension, throw some impulse/corrective waves on that bad boy and leg it up.
The Fundamentals -
Domestic based capital financing/lending company serving the nonprofit sector - overall a safer alternative to other loan portfolios, especially amid the turbulence of global trade and the increasing value of real estate and real-estate development. Recently secured a partnership which appears to have expedited what was already anticipated last week in terms of Price Action. Have not yet read up on these developments (tend to not pay attention to news) but from what I hear, seems to have stirred up investor interest.
A clear divergence of the OBV and Price Action, which preludes growing buyer volume and long position sentiment.
Earlier last week,
LMFA hit all time-lows with its bottom at 5 cents above the half dollar. Although we have a considerable amount of selling to break past, I would anticipate the larger corrective retest to occur at the 1.414/1.618 extension, throw some impulse/corrective waves on that bad boy and leg it up.The Fundamentals -
Domestic based capital financing/lending company serving the nonprofit sector - overall a safer alternative to other loan portfolios, especially amid the turbulence of global trade and the increasing value of real estate and real-estate development. Recently secured a partnership which appears to have expedited what was already anticipated last week in terms of Price Action. Have not yet read up on these developments (tend to not pay attention to news) but from what I hear, seems to have stirred up investor interest.
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