After doing my R&D i have decided to invest in AZZ, all the signs are poitning to it being a buy especially with directors buying, which shows faith and future growth in the company.
From a chartist point of view if you were to calculate the potential down side to upside then this is a traders dream.
Downside risk at .38 cents is 3 cents to .35 cents which has been good support and well below cash backing. Up side if we were to repeat ranges is upwards of 60 cents.
Risk vs reward very tasty at the moment.
My calculations only and one should do their own before investing in any stock, but AZZ has my money now.
Good luck all.
After doing my R&D i have decided to invest in AZZ, all the...
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