Wednesday, March 26, 2014

*************** Ausgroup: Consolidating in wait of direction.... Price: 0.315 now

Following up from previous BUY call. Ausgroup has consolidated for more than a week from 0.295 to 0.325. Currently it is at TOP 10 Volume while attempting to break above the 0.325 resistance level. High today at 0.325 also….. Can consider accumulating on dips near 0.300 support with stop loss at 0.285. Seems like a break above 0.325 would be near soon, and if that happens, can see it trade to 0.35 to 0.37 target first. Be ready to catch the breakout !
 

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