AFSI
$AFSIMeant to post this one a few days ago been a little busy. Still a good buy in point think I got in around $13.
AFSI: break-out from resistance zone imminent? 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.
AFSI Day Trade (Brad Reed Jan8,2015)AFSI expected to open at 51.26 for a Retest Gap. To learn to trade this strategy for free, go to www.RealLifeTrading.com
