Thursday, 3 May 2012 AWC – Stock Pick

AWC ( 7579 : 0.29 ) : Targeting 0.36/Stop loss 0.27

Description

Resistance : 0.36

Support : 0.275

RSI of 57
RSI is recovering

STOCHASTIC
It has stabilised

Comment
It has started to rebound off the 0.275 support line, indicating a retest on the previous high of 0.36


Trading Strategy
Buy. Stop loss is at 0.27


Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.