I have been watching AWC for quite sometime now and in particular looking at the numerous buy recommendations ranging from newspapers to straight out broker reports.
Today the action was such that it could not be ignored. Increased volume and strong buying today with a good increase of the sp. Thankfully my early buy this morning was taken at 6.04, which actually surprised me after it reached 6.10. The strong close at 6.20 was an excellent sign of possibly a lot more to come.
The positive risk/reward ratio on AWC was definately worth an entry considering the strong support at 6.00-6.05.
AWC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held