AFG 2.89% $1.43 australian finance group ltd

good support, page-6

  1. 301 Posts.
    Im on life support. Ive sold a heap but continue to hold some in the hope that we get some recovery & I can rebuild from here. I will sell most of AFG if $5 looks like it wont hold. Was watching fox business tonight & AFG was raised. The fundamentals guy indicated some reservation towards the stock whilst the technical peron did not like what he saw, saying that is was an incredibly strong downtrend with more to go. My concern now is that AFG announces something at is interim reports, that has the stock plummett (ala Centro). Distribution is happening now - instituions probably gettiing out & bottom fishers getting in. Im not confident anymore.
 
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