MaxCapital

AWK - A good opportunity to buy

Long
NYSE:AWK   American Water Works Company, Inc.
American 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!
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