AWK: Invest In Companies You Literally Cannot Live WithoutAmerican Water Works Co (AWK) Trade Idea.
American Water Works is the largest investor-owned us water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
Narrow moat, standard allocation, and low FV uncertainty.
Valuations have come back down to earth. Morningstar displays a four-star price-to-fair-value.
The business cycle is late-stage, and playing defense makes sense.
Technicals are interesting.
Risks include sequential dilutions until 2027. A lack of growth could also be a disappointment for some investors with unrealistic expectations. Greenblue quant report also displays a low score of 957. But relative to the utilities sector, AWK is the 7th best.
AWK
American Water Works: Take-off 🛫At AWK, we now consider the low of the green wave (B) to be in place. We now expect a rise above the resistance at $161.91. Within the green and magenta target zone between $106.48 and $127.19, long positions could still be opened. Stops could be placed about 1% below the lower edge.
American Water Works: Big wave is coming 🌊American Water Works has now risen a bit after its significant decline. It is impossible to say whether the stock has already deposited the low of the magenta wave . Only a sustained rise should convince us of this. Theoretically, the price still has room on the downside but should stay within the support at $132.87 because our alternative is activated otherwise. After depositing the low, we expect a bullish green three-part movement, which targets the blue target zone between $181.74 and $214.65.
NYSE:AWK+NASDAQ:LOVE+NASDAQ:TCOM*4+NASDAQ:CAKE*4 New GroupNYSE:AWK+NASDAQ:LOVE+NASDAQ:TCOM*4+NASDAQ:CAKE*4 This is my new group it started at $3.50 this morning. Was finally able to get a 1 long term of my new addition CAKE and 3 short term. Same game plan. Wait for a strong day and look for potential weakness and take profits. Add something new to keep the balance. Will post a new list of refill potentials later.
This combination has been working pretty good by keeping my group in the green even when one needs to reaccumulate or I get in to early.
TCOM Naturally I jumped in early so you dont have too!TCOM setting up to launch... Made DEEP support and about to pop the last string on my ribbon. The ESVO is a col and price oscillator that marries the two together... the lines are where all time frames interest is centered. So major support and resistance is created when they merge together. meaning all the time frames are in agreement on where the price is.... when support is made after passing it... It starts its profit run.
90% on stocks that have popped the ribbon and dropped back below.... reaccumulated and popped it again to find support. Natrually I jumped in last week..... And now its about to be ready.
by iCantw84it
06.30.23
The good the bad the Ugly....Trades for 6.23.23Maybe I am in patient, and even though this looks ugly I am going to post this.... I will post the individual charts for each stock. At the time I added the new stocks to this. EBAY was still being a turd and Bili was scared of its shadow. So if you take those out then we have TCOM and Love not done coming down when I got in....so Maybe give it till 11:30-12:30 EST on 6.23 for some of these. WM being a beast still from my previous trade. AWK started out semi strong then got weak as I was writing this.
Now on to what I do see....*sigh* In the market all travel has been setting up behind Airlines to pop the ribbon. The Ribbon is the ESVO, which is basically the physical representation of the river used for supply and demand. Not only travel, but Natural Disaster stocks are priming. If you have been following my trades. GNRC, AIG, WM, AWK these are all natural disaster stocks. Look at URI also a good one, HD also a beast, LOW.....duh. all popping the ribbon and finding support. Some of these on lower time frames are not there yet. But I like torturing myself.
Note to Bili and EBay I will cut you, like a Latin Kings Girlfriend in a club because you stepped on my shoes while I was waiting by the bar...... Just saying.
I will give these too monday if they arent acting right drop em.
iCantw84it
6.23.23
American Water Works: Step by Step 📍In several stages, American Water Works should make its way to the top of wave b in gray. First, though, the share needs to finish wave B in turquoise before the support at $132.87. Otherwise, we would expect it to develop a new low of wave alt.(X) in magenta first, which would then be located in the magenta zone between $127.19 and $113.53. We rate this alternative detour with a probability of 37%. Primarily, though, we expect American Water Works to turn upwards before $132.87, heading above the resistance at $161.91 and thus into the green zone between $163.63 and $177.65 to complete wave A in green. Wave B in green should then take the share back below this mark, before the next upwards stage can start. Finally, American Water Works should expand wave b in gray, which should reach into the gray zone between $181.74 and $214.65.
Water supply ETF $CGW may explote to the upsideIs in a confirmed uptrend and now after a volatility contraction pattern (VCP), AMEX:CGW is showing a pivot buy just above $60. My trade will be buying above the pivot with a stop just below the 50-day MA and a target sell at $66. Low risk trade with a 2:1 risk/reward ratio.
NASDAQ:PIO , another water supply ETF is behaving very similarly but, I prefer AMEX:CGW because it has had better historical returns. But still, could be a good trade.
Some of the industry leaders are also showing the same bullish pattern. The ones that I have on my watchlist are NYSE:DHR and NYSE:AWK .
American States W. $AWR, defensive stock going up after a VCPAfter NYSE:AWR made a good breakout with a break away gap from a Volatility Contraction Pattern, is making a good and strong follow through. Also, the MACD is positive and going up.
The quotient against the SP:SPX shows good realtive strength against the market; IBD Investors gives a 72 relative strength rating, and is #3 in its industry group. NYSE:AWK is leading the price action of the Utility-Water Supply Industry
Now the price is resting between $91 and $88. I will be looking for a breakout above that area to enter a position. With a risk/reward ratio of 3:1 it looks like a good trade. If the price follows through after that breakut I'll add to the position once the price breaks above $96 which is an area of strong resistance.
AWK - A good opportunity to buyAmerican Water Works Company, Inc. is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada.
After a drawdown of -17% since the beginning of the year, the stock began to grow and has now consolidated at the external border of the resistance line.
After the publication of the next report, growth is expected to come at the end of last year's prices.
I think that now is an excellent opportunity to buy shares in terms of technical analysis.
It is also expected to consolidate around 200MA. A prolonged flat in this zone is possible.
P/E 26.16
Forvard P/E 22.83
Open 80.97
SL 78.66
TP 90.21
Good luck!