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 alsoโ€ฆ.. 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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