May. 28 at 2:55 PM
$AFG – THU: SELLING (ALL) P/L: -
$244.35 -2.5%
10:06 AM – Selling all of my AFG here as the stock has clearly broken below the 10 DMA, ROUND-
$135, and is now trading below the 200 DMA. Those stacked technical violations signal meaningful technical deterioration and increasing downside risk.
ULTRA Trader’s Tip: Major Support Failures Change the Picture
• Breaks below multiple support levels often signal a significant change in trend.
• The 200 DMA is a major long-term institutional reference point.
• When technical damage compounds, preserving capital becomes the priority.
https://buyingbreakouts.com/thu-5-28-afg-selling-all-p-l-244-35-2-5/