amateur_trad3r

Alkaline Waters, possible reversal

Long
NASDAQ:WTER   The Alkaline Water Company Inc
50 EMA flattening.

MACD and Awesome Oscillator below 0 with signs of reversal.

It has a strong support level at $1.00 and a resistance level at $1.50.

The new styles of consumption could make this company more prominent despite the economic losses.

"The Alkaline Water Company Inc. (Alkaline) is a premier bottler of alkaline drinking water, with an 8.8 pH balance. Alkaline employs a state-of-the-art Electrochemically Activated Water ( ECA ) system to create 8.8 pH drinking water without the use of any extraneous chemicals. The ECA process uses specialized electronic cells coated with a variety of rare earth minerals to produce scientifically engineered water."

NASDAQ:WTER