AWC 1.19% $1.70 alumina limited

Entered the stock yesterday at ~3p.m. at $1.655 due to...

  1. 2,158 Posts.
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    Entered the stock yesterday at ~3p.m. at $1.655 due to technical's:

    - After a nice consolidation on a narrow price range for a week then a significant volume increase and an attempt to move up what actually was done yesterday having very negative sentiment on the whole market for the past 3 days

    - Today's trading volume of almost 52mln looks spectacular, similar trading volumes in the stock has happened only 3 times for the past year

    - Today's candle is a very strong reversal candle for a next move up

    - At this stage as I can see there is a huge accumulation in the $1.65-$1.71 price range

    - Hope that the stock will overcome some resistance at $1.70 and will close above this price level this week what will be a good base for a further move up next week

    - In today's issue of AFR there was an article about AWC with a buy recommendation

    irynka
 
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Last
$1.70
Change
0.020(1.19%)
Mkt cap ! $4.918B
Open High Low Value Volume
$1.67 $1.70 $1.66 $9.371M 5.561M

Buyers (Bids)

No. Vol. Price($)
1 12030 $1.69
 

Sellers (Offers)

Price($) Vol. No.
$1.70 125908 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AWC (ASX) Chart
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