AWE 0.00% 94.0¢ awe limited

Hi Jonric, I wouldn't say i'm ever optimistic about any stock....

  1. 4,634 Posts.
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    Hi Jonric, I wouldn't say i'm ever optimistic about any stock. It's just level management, the Jan/Feb base was quite strong and should still provide support between a band of 41 and 49 cents. It is showing signs of being oversold on a short time frame and there is a reasonable probability of a run to the 74 cent area at least.
    However if the support area between 41 and 49 should fail, I would lose all interest in the structure and move on.

    Cheers
 
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