Jenspm
Long

AFSI: break-out from resistance zone imminent?

NASDAQ:AFSI   AMTRUST FINL SVCS INC
26 0 0
With a successful break-out, potential target price could be $69.80 (= difference between support at $48.82 and break-out point $59.31 added to break-out point).

Stop-loss could potentially be placed somewhere below old resistance at $56.73, giving a risk/reward ratio of around 10:3, or below the rising trend line .

Comments welcome.
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