Wednesday, 2 May 2012

Stock Overview - AWC - 3 May 2012

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

 Sourcs:Jupiter Securities Research 03 May 2012

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