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Is AFL gaining bullish strength? Crossed Above 50 Day Moving Average shows up after advancing 0.98%
On Monday, October 20th, AFL moved up 0.98% while volume shrunk to 0.5× the usual levels. Crossed Above 50 DMA was spotted, which could indicate a shift in momentum. Key support levels exist at 107.85, 106.92 & 106.3, with resistance at 109.4, 110.02 & 110.95. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of AFL: C
There’s more where that came from. See all of today’s signals for AFL here.
Read full article here »