Amongst the over sold stocks out there, AWB has consolidated well off its lows, made a new high and is trading nicely sideways. It's previous 2 major lows have been higher than the main low.
I'd expect a few hit and retreats of the 1.50 line before eventually running above it.
Right now it's in a good place with anything below 1.185 being a possible negative zone.
Worth keeping an eye on. Of course that's just going by the charts. The rest is for you to do some deep research in this once good company.
AWB Price at posting:
$1.12 Sentiment: None Disclosure: Not Held
