TUE 6/16: AFG – Some Bullish Action – Still Needs to Close Above $135.00

Latest Chart Update: AFG

8:45 PM – We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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MON 6/15: AFG – Needs to Get Back Above $135.00

Latest Chart Update: AFG

9:30 PM -We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

MON 6/1: AFG – CALLING A 3RD SELL SIGNAL @ $128.13 -5.4%

3:36 PM – The stock has lost another key support level with the break below ROUND-$130. That additional technical violation confirms continued deterioration and triggers a 3RD and FINAL SELL SIGNAL.

ULTRA Trader’s Tip: Support Levels Tell the Story

  • Each broken support level increases the odds of further downside.

  • Round-number levels often act as important psychological support zones.

  • Final exits help protect capital when a stock continues violating key technical levels.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

FRI 5/29: AFG – CALLING A 2ND SELL SIGNAL @ $130.17 -3.9%

3:01 PM – The stock is breaking below its 50 DMA. That is a clear technical violation and triggers a 2ND SELL SIGNAL under our rules.

ULTRA Trader’s Tip: The 50 DMA Is a Key Line

  • The 50 DMA often serves as an important level of institutional support.

  • Breaks below this line signal weakening intermediate-term momentum.

  • Respecting major technical violations helps keep losses small and manageable.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

THU 5/28: AFG – 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.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 5/27: AFG – CALLING A 1ST SELL SIGNAL @ $133.40 -1.3%

3:34 PM – This stock is triggering a SELL SIGNAL as it breaks below the 10 DMA, ROUND-$135, and appears likely to close below the 200 DMA. Those stacked technical violations signal meaningful technical deterioration.

ULTRA Trader’s Tip: Multiple Breaks Increase Risk

  • Breaks of the 10 DMA often signal weakening short-term momentum.

  • Losses of key price levels like ROUND-$135 add to the bearish picture.

  • A close below the 200 DMA signals institutions may be stepping away from the stock.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 5/20: AFG – Developing an Uptrend – Watching for the 10 DMA to Line Up

Latest Chart Update: AFG

10:10 PM – We are currently reporting on this stock as an active holding and continue to monitor the stock closely for any technical SELL SIGNALS.

The focus always remains on price/volume action around key support levels, including the 10 DMA, 50 DMA, and any nearby trendline or ROUND-$ support.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

MON 5/18: AFG – BUYING (1/3) @ $136.16

10:34 AM – We have AFG breaking out here this morning. I just added this stock to the TrendLine Setups Watch List last night. I’m taking my usual 1/3 stake to start a position, as I cannot ignore this bullish action, which is a clear technical BUY SIGNAL.

James’ Trader’s Tip: Watch Lists Create Opportunity

  • Strong watch lists help identify breakouts before they fully emerge.

  • Breakouts from constructive setups often attract institutional buying.

  • Starting with a 1/3 position allows participation while controlling risk.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.