AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITEDASX
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AFI has been in an uptrend since August of last year, price was rejected and created a short term resistance level. Looks like it's due for a retracement on the Daily, Weekly and Monthly with long wicks to the upside. RSI also showing overbought on the same time frames. The next support level is at $6.99, although a tight stop will be important as it is possible that it could be making a higher low.