profit taking finally come.....healthy but those who bought in yesterday at the high will be a bit worried, green always looks better than red.
Margin??...............this is the time to watch and see how far this profit taking will happen.
Chart will have to adjust from overbought to oversold before technical traders will make a move and it doest not mean AWC will hit 60 again. New support level will happen, interesting to see at what what point it will happen.
What we wish or hope have got nothing to do with where AWC will end.......sentiment and belief always rule.
Those the ones "lucky" enough buying at 65, 75, 85 or anything way under 1 dollar when everyone were selling will have to make decision to hold, buy more or sell.
Nothing right or wrong as long as one makes profit then it is always right for that day.
Cheers,
AWC Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
