Water Utilities Are Outperforming The Market

Many of the water industry stocks look to be putting in a reversal pattern, otherwise known as The Anti. The sector itself is one of the few green sectors when performing sector analysis. This chart shows free bars (indicative of a market reversal), a pullback (The Anti setup) and a really strong bull bar confirming the initial price action. CWT is the other water stock you can look to long, I actually like it more than this one.