Water ETF looking good again, $CGW

AMEX:CGW   Invesco S&P Global Water Index ETF
I have a poisiton in this ETF since July 2020 and it has been great. Is not a superperfomer but I have a 14% return with low volatility and recently is has held very well. Now is looking very good to buy again and have a very good Dollar Cost Avegare. Yesterday's buying volume was way above average and today it may breakout while being above its key MAs. That is the perfect signal for me to buy.

Another thing I like is that @Tellechea19 recently wrote a note about NASDAQ:PHO , another ETF concentrating in water companies, saying "I'm long".


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.