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New Buy Entry Alert AWC
Time Frame : Daily
Sector : Materials/Basic Materials
Key Stats : $6.94 Billion Market Cap, VWAP 2.41, ASX Ranking 67, 4 Week Av Turnover $26,068,161, Current Turnover (at time of alert) $7,518,811.
Company Overview : Alumina Limited (AWC) is an Australia-based company. AWC is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations, through its 40% ownership of Alcoa World Alumina and Chemicals (AWAC). AWAC also has a 55% interest in the Portland smelter in Victoria, Australia.
Broker Consensus : BUY
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AWC – Alumina Limited
AWC is on the move higher as things look up for commodities and trade relations between the US and China. We are now happy to buy on a push up through 2.51 and will hold the stop loss at 2.33. If price pushes lower through 2.33 prior to entry, we will cancel the alert and re-assess the action.
Stock Code : AWC – Alumina Limited
Company Website : www.aluminalimited.com
Current Price : 2.48
New Potential Buy Entry (Trigger Level) : 2.51
Potential Sell Exit Zone (Stop Loss) : 2.33
Status : On watch for buy entry trigger
