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US Stock In Play: $WAT (Waters Corporation)

Long
NYSE:WAT   Waters Corporation
$WAT rallied a further +8.92% to a new all time high since our last posting, closing at $307.91. The past 4 days of trading session is met with consecutive reduction of price volatility in $WAT, coupled with decreasing session volume . $WAT is currently 91.80% owned by institutions and insiders.

With $WAT remaining well below its peak implied volatility of 2021, the existing price action is stipulating a pause in its existing rally, before a further resumption of shares accumulation by the institutional traders.

$WAT a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe.

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