AWC Weekly Chart Analysis.

A congestion area ( Trading Range) that AWC has been in since Sep. 2015 may be about to resolve itself against the direction of it’s major trend which is down. If an upside breakout on hand and we see AWC in a new bull run (Phase E of Wyckoff method Accumulation), there is already a meaningful cause built within this congestion area which should potentially produce a meaningful effect ( rally).

OBV at the bottom window also suggesting a potential accumulation rather than a distribution.

AWC Weekly Chart below, with potential Wyckoff Accumulation SPRING in Phase C shown.

Initial post said monthly. I have corrected it to weekly. Appologies.

awcmonthly23022016

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