The report is not important to me and I don't understand too much anyway and I believe analysts have some difficulties to understand them properly but what is important to me is the sp action and looking at how DOW went down last night and AWC finishing at 1.585 after going down and up I can assume most traders like the results and that is enough for me to buy a bit more today and I think provided DOW holds and stabilising AWC will go up back to next resistant of 1.69 and up towards 2 bucks in time. I am very comfortable buying and holding AWC at this level, the risk down 10 cents the reward up to 40 cents hmmmm that is a good ratio for me might not be good for others but hey I hope some people have a different view.
Cheers,
AWC Price at posting:
$1.59 Sentiment: ST Buy Disclosure: Held