AFG 2.59% $1.39 australian finance group ltd

broken resistance

  1. 119 Posts.
    AFG has finally broken the resistance line of 20c that has held it back time and time again .

    Despite racing up to 32 the day it anounced the sale of its lease book , then pulling back to mid 20s before the close on that day it has been able to hold the line above 20c despite the huge drop in the market and now is bouncing back up off 20c in the recovery from Tuesday.

    The next resistance has been tested 10 times around 40c and will be very difficult to break as it has tried on 10 occasions in just 3 months and failed each time.

 
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Last trade - 12.13pm 25/06/2024 (20 minute delay) ?
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