AWC as I thought is coming down to a level which is showing a bigger probability of a reversal and I like to see 1.53 crossed but accumulating at this level is a posibility. Market sentiment is not the best and it looks traders are taking money away so risk is bigger and having tight stop loss is a must. There is always a possibility of AWC going down much lower than support 1.53 and we only have 50% chance of being right, chart can't possibly tell you if there are going to be a bad news from Europe or China. Small position is worth the risk and I would take the chance.
Cheers,
AWC Price at posting:
$1.56 Sentiment: None Disclosure: Held