Well, AWK is in a long uptrend, with the 50 moving average above the 100 EMA. The OBV is in an uptrend also. We do have a positive reversal in the OBV and prices.
We saw a long inferior shadow piercing the 100 EMA.
Above the max of yesterday would be my entry point.With the stop beneath the last minimal price of the last two days. My target is in 56,25.
AWK has been trending nicely on the weekly chart since the beginning of 2014. But on the daily chart there were two deep pullbacks (in August and October) which, although just within the bounds of acceptable, would've meant several months of little real profit.
However the overall trend is up - with higher highs and higher lows, so if you are comfortable holding...
