1. Increased volume break out on 7 May 2024 2. Price pull back with decreasing volume to previous resistance and 10 MA Wait for price to break out with increase volume
Technical analysis for AWC Stock based on Trend Analysis, Chart Pattern and VPA 1) In Monthly TF - Rounding Top pattern formation completed. Dec 2021 candle has break the DTL. - Current price candle trend had significance retracement and rebound at Fibonacci 0.786 indicate new trend establishing itself. Current uptrend movement move higher with increasing volume,...
Consider to study and monitor AWC's recent chart which resembles a bat bearish harmonic pattern, where a potential trade can be taken from Point C to D. The probable EP could be at pivot point 0.545, the probable TP at 0.630, ie point D and the probable CL would be at 0.500 which is below point A. Critical price to cross is 0.575, which is a yearly resistance....
The candlestick indicates a breakout signal due to significant price movement with high volume from buying interest. Hence the price closed outside the Bollinger band (BB). Creating an early shape of fishtail. Will it be able to continue the price-up momentum or have a price correction on the next trade? MACD and OBV charts indicate a divergent signal and confirm...
idea to buy price already keep above ma trading and the volume quite good for stage one of staging analysis
Disclaimer: This is not a buy call but for learning purpose. Around support area .
Shows improvement on YOY sales and profit.Just breakout from pivot point of low cheat setup with high volume
MACD cross UP - Bullish takeover TP 3 up to 18% breakout triangle wait for retracement FOMO buy now
Based on Elliot wave and MACD, AWC is in the 3rd wave with a very good momentum. The Stochastic is not yet reach OB, so possible movement for another 2 - 3 days before a pull back can happen at OB region.
Forecasting Price AWC with BO Major downtrend line .Risk 9% Reward 20% worth to buy.
There is a possibility of AWC making BO but , with the current SToch-RSI, it will short-lived and making reversal at peak as per Purple Line. or it will directly going down below . But there is higher possibilities that the AWC will follow purple line, this is due Momentum still good and SToch-RSI, still have quite sometime before it reach overbought region.