ARIS - A water company consistently rising LONGARIS on the daily chart is consistently rising with big earnings beats both
in the past month and early May. The ZL MACD is curling up towards a cross
of lines under the low amplitude histogram. The dual time frame RS indicator
shows consistent lines above the 50 and the lower TF line in green above
the higher TF line in black. Stock is 20% higher in 3 months a decent return for
a utility stock while the market is in chaos possibly teetering on a crash.
Utility stocks are slow and steady with a low beta and lack of general market
responsiveness. I will take along stock trade here and check as to the possibilities
for a call option.
ARIS
US Stock In Play: $ARIS$ARIS - Utilities | Regulated Water
Utilities is the 2nd best performing sector over last 6mths (after Energy). also the only 2 sectors that remains on +ve on past 1 yr
$ARIS microcap name, strong U/D Vol Ratio. recapturing $22 ATH looks imminent, for a overhead resistance BO
US Stock In Play: $ARIS$ARIS - pretty interesting to see a new IPO name that could trend for most of 2022, closing at ATH after a bad week for the general market
