AWE's "Daily SP Trend" is a very minor upward trend.
The Weekly SP Trend" is significantly a "down trend" with support at $1.57 (Resistance $2.09) The 10 day trading range SP Long Stop is $1.563 (Short Stop ($1.807) - for week ending 16/07/2010
With the US DOW and SP500 down something like 2.5% to 2.88% upcoming Australian election and overall weakness in commodity / oil prices, AWE is looking like it will test the support level of $1.57 or 10 day trading range of $1.563 unless some positive news comes out of the US, Au or some positive company news eventuates.
The above information is provided as general information only for the purposes of cross referencing with other information sources. You should not make investment decisions on this information alone. It is imperative to "Do Your Own Research"
Good luck to all AWE holders.
AWE Price at posting:
$1.69 Sentiment: None Disclosure: Not Held
