Amerisafe (AMSF) is a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking and agriculture. This stock is trading up 2.6% at $25.82 in recent trading.
Today's Volume: 126,000Average Volume: 63,328 Volume % Change: 259% From a technical perspective, AMSF has started to trigger a major breakout trade today now that the stock is moving above some past overhead resistance at $25.17 with heavy volume. Traders should continue to look for long-biased trades as long as AMSF is trending above $25.17 closing near its daily highs. If we continue to see that action, then look for AMSF to make a run at its next significant overhead resistance level of $27.75 in the near future.
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