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.