Bearish potential detected for AFIEntry conditions:
(i) lower share price for ASX:AFI along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $7.32 (open of 11th August).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $7.50 from the open of 28th July, or
(ii) above the potential prior resistance of $7.57 from the open of 21st July, or
(iii) above the previous swing high of $7.68 from 31st July.
