Live monitoring of the Bullish Flag setup on AWK. See where price is heading.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
Bullish continuation pattern.
Reversal pattern. Price likely to break downwards.
Sideways movement between parallel supports.
Traders are watching American Water Works (AWK) as price action tightens. The stock is trading at $138.14, up 0.99% on the day. The primary technical feature is a Bullish Flag formation. The trend indicator is reading 8.5/100, suggesting moderate momentum. A potential breakout level is identified at $140.63, targeting $161.38 with support near $131.52 (R:R 2.28).
What is your outlook on AWK?