Got back from my mountain tramp, was stopped out with a small loss at $1.07, I think I could be more conservative with my entries in this market as often inside days and higher lows... although showing weakening of bears and a pause in downwards momentum can often still lead to trend continuation rather than reversal, especially with the general markets as volatile and unpredictable as they are currently, a Higher High with some volume (in relation to the previous day) will be a stronger signal (after a heavy sell off), than that of a higher low... as it will show that buyers are now moving in,rather than the higher lows which just show the bears are getting weaker.
Ill be watching for another crack at AWB if any opportunity presents itself.
AA
AWB Price at posting:
81.2¢ Sentiment: None Disclosure: Not Held
