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AFG Long on Ascending Channel

American Financial Group, Inc. (NYSE:AFG)  
zukedu Updated   
NYSE:AFG   American Financial Group, Inc.
Trend Analysis Chart Patterns Technical Indicators Ascending Channel
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trendanalysis chartpattern indicator ascendingchannel
- Hammer on the SMA 150 support
- Bears volume is weakening
- Both FI and Acc/Dist is higher when the price is lower.
- Decent range in channel for a high probability 3R and above profit potential
Comment:
Move stop lost up to slightly above breakeven gains at 102.38.
Great position to be long now, risking nothing dollars to earn 3R profits. Will ride higher than 3R if price action is still strong at 3R
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