Scalp from $156 (or less) to $161 to finish the cup.
Looking for a bounce off the bottom of that ascending channel. Long term bullish if bounce off the bottom happens. Coming into earnings
American Waterworks has a long history of steady increase. We are nearly ad the bottom of a strong support in this range and is good buy at 148.
AWK support and resistance analysis has target of previous levels breaking through resistance.
You can buy AWK target 183.4 stop loss 164.71 Money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck
Growing trend and overcoming of resistance level. Take profit 182,9. Stop loss 172. P/L ratio 1:2,8.
A bit late to identify this setup Retest of 172~ can be a decent long entry Last dip held by 200 DMA Dividend paying stock
AWK is setting up a longer term Inverse Head & Shoulders pattern. Notice the increase in volume in the right shoulder. The pattern will increase my confidence in a long set up as it clears the green resistance . The Biden admin has already committed to providing clean water to all, which should provide some opportunity for American Water Works Company. Gl
Chart pattern: Bull flag Entry: 156.7$ (this would end the secondary downtrend of the correction) Stop: 151.45$ Target: 180$-200$$ Stopmanagement: ATR Stops 4 hour chart default settings Risk:Reward-Ratio: > 5:1
The company's share price is in an upward channel. And now the price is approaching the lower border, which is a good buying zone. Overall, the company has good fundamentals for growth. The cold weather, for which the US was not well prepared, intensified the price correction. Such companies are likely to grow in the future due to problems with drinking water....
Utility stocks like AWK have dived after the hype of a vaccine entering into a buying area.
NYSE:AWK - 50 MA holding strong (similar pattern) - MACD showing reversal - Entry $ 154.26 - First target $ 160 - Second target $ 165 - Stop Loss $ 148
Monthly Uptrend Weekly Uptrend Daily RSI Divergence Open 150 LONG SL 145 TP 170 RR 3.5