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.

Monday, 16 April 2012 AWC – Stock Pick

AWC ( 7579 : 0.31 ) : Targeting 0.40/stop loss 0.28

Description

Engineering consultancy

Resistance : 0.34 0.40

Support : 0.28

RSI of 72
RSI is overbought


STOCHASTIC
It remains firm


TREND INDICATOR
Comment
Following the consolidation breakout, it is heading for 0.40. A small pullback to 0.30 is possible, before
pushing for 0.40.


Trading Strategy
Buy. Stop loss is at 0.28



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.

Wednesday, 11 Jan 2012 AWC – Stock Pick

AWC ( 7579 : 0.265 ) : Targeting 0.37
Description
Resistance : 0.37
Support : 0.25
RSI of 64
RSI is on the rise
STOCHASTIC
It is on an up swing
TREND INDICATOR
Up
Comment
The upward push of past 2 days is likely to continue, and test the 0.37 level
Trading Strategy
Buy. Stop loss is at 0.25


Disclaimer
This report is provided for information purposes only.