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Market_Psychology

Testing support at bottom of channel

American Water Works Company, Inc. (NYSE:AWK)  
Market_Psychology  
NYSE:AWK   American Water Works Company, Inc.
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AWK had quiet a drop in price over the past two days. However, price is still channel bound and is currently testing the bottom. If price breaks down through blue rectangle, which is bottom of channel and support bu the 50 MA then it will be confirmation that trend is reversing.
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