For Traders from Club iNSIDER: AF at a Crossroads: What Do Bank Expectations Tell Us About the Company’s Future?

AF Daily

Fundamental:

Banking expectations project a price target of around 176, indicating a potential 5.6% return from current levels.

There is an expected revenue growth, but it does not translate proportionally to earnings per share (EPS).

The Daily Adjusted EPS is declining and moving in divergence with price action, suggesting a short-term pullback to close the gap.

Conclusion:The Sequential indicator forms a 9 near the main trendline and resistance levels around 8.50, signaling exhaustion of the corrective impulse and the continuation of the short trend.

In the past few days, volumes have remained below average, confirming a lack of buying interest at these levels.

In the 8.30-8.50 range, I will be watching for price action signals to position short.