Wednesday, July 2, 2014

Ausgroup Bounce off support again?

Ausgroup previously hit the support level and bounce off the purple line in our ART supertrend system. This time it is near support again, this looks like a good set up with low risk as trader can put stoploss at 0.41, if break the Supertrend support line, the trend might change.

If successfully bounce off, target price can set at 0.49