AWC 0.00% $1.45 alumina limited

is this a breakout?, page-2

  1. 2,498 Posts.
    lightbulb Created with Sketch. 126
    Another strong day today, higher low and higher high classic move on the way up.

    The trend will continue for a while but the temptation to take profit becoming stronger and some day trade the stock and made a nice profit.

    Chart looks a bit stretched but in a bull move chart may be in overbought level for weeks, for technical traders it is time to get ready to take profit.

    I will wait a while longer and may be tempted to close 20% of my position......the shorts will get a bit more nervous.

    Chinese number today confirmed the improvement in demand for metals and that includes aluminum....more than ever I believe AWC will go much much higher than 1.15

    When???????????? I wish I had the crystal ball....but I am enjoying the ride while it lasts.....and betting on probability of a move up to 1.45 to 1.65 or even higher sometime in 2013.

    Chers,
 
watchlist Created with Sketch. Add AWC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.