AWC 0.00% $1.45 alumina limited

consolidation, page-2

  1. 2,498 Posts.
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    Good move so far it is really a consolidation and trying to form a new base, volume was low today.

    If they can hold and market hold then 1.25 is next stop.

    The risk of general profit taking in world market is getting bigger and as the market goes higher more traders get nervous and ready to push a sell button.

    Analysts yep "analysts" not traders got nervous months ago and so far they are "wrong" again now they are calling market is going to tank yes given enough time they "will" certainly proven to be right.

    There is always possibility of market moving still much higher before meaningful profit taking happens, with so much cash waiting on the side line and provided there is not any bad news this market will be bought on the way down

    AWC will move much higher those the ones got in at low 60s, 70s and 80s and still holding the stake is getting bigger......hold or sell....??? or add more..???

    I will hold for a while longer and "watch" the game, sometime we need to put our balls on the line and take a bit more risk in order to make a kill.

    Cheers,

 
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