AFI – Australian Foundation Investment Company
Stock : AFI – Australian Foundation Investment Company
Current Price : 5.74
Status : On watch for lower highs and sell entry setup
AFI is playing out nicely and showing weakness. We are now on watch for this recent pop up to 5.75 to build a lower high and for sellers to take control and smash price down through 5.60 and below. Major resistance at the 5.95/6.00 zone is pressuring buyers so we will watch how this plays out.