AWC as I thought is coming down to a level which is showing a bigger probability of a reversal and I like to see 1.53 crossed but accumulating at this level is a posibility.
Market sentiment is not the best and it looks traders are taking money away so risk is bigger and having tight stop loss is a must.
There is always a possibility of AWC going down much lower than support 1.53 and we only have 50% chance of being right, chart can't possibly tell you if there are going to be a bad news from Europe or China.
Small position is worth the risk and I would take the chance.
Cheers,
looking better
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Last
$1.78 |
Change
0.055(3.19%) |
Mkt cap ! $5.164B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.76 | $14.90M | 8.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81922 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 10168 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| AWC (ASX) Chart |