Live monitoring of the Symmetrical Triangle setup on AWK. See where price is heading.
Consolidation. Can break either way.
Bullish continuation pattern.
Sideways movement between parallel supports.
Technical analysis of American Water Works (AWK) reveals a significant setup. Currently at $132.63, the asset is showing upward momentum (3.32%). Algorithmically, a **Ascending Triangle** structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at **$132.91**, targeting **$145.37** with support near **$120.46** (R:R 1.0).
What is your outlook on AWK?