Potential Buy Entry Alert AFI

Time Frame : Daily/Weekly

Sector : Diversified Financials/Asset Management

Key Stats : $7.27 Billion Market Cap, VWAP 6.145, ASX Ranking 64, 4 Week Av Turnover $2,183,613.

Company Overview : Australian Foundation Investment Company Limited (AFI) is an Australian investment company, focused on investing in Australian companies with high quality assets, brand and/or business footprints.

AFI – Australian Foundation Investment Company Limited

AFI is on the move up as buyers support higher levels and pressure the sellers. We are now on watch for further contraction as buyers and sellers fight it out and then for a higher low to build the buy entry setup. Time to watch and wait.

Stock Code : AFI – Australian Foundation Investment Company Limited

Company Website : www.afi.com.au

Current Price : 6.16

Status : On watch for higher low buy entry setup