Stock Chart Analysis AFSI
Amtrust Financial Services, Inc. (Public, NASDAQ:AFSI)
The insurance sector has been perking up lately and AFSI has the potential for being an outperformer if the sector breaks out. AFSI is pretty young, coming up on it 1st year of trading and it looks like it's first correction is about up. It is starting to set higher lows as buyers get more aggressive. It convincingly reclaimed the 50 day sma today and could challenge resistance overhead soon.
Good Trading,
Joey
for more analysis, check out downtowntrader.com
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