American Water Works (AWK) reports after the bell on Wednesday. The water utility has had a solid move this year. But, currently the chart is in consolidation mode near recent highs.
Courtesy of The PPT algorithm’s seasonality feature, you can see the stock has a perfect, six out of six, track record in the month of August for bulls. Please click on the image below to see the statistics for yourself.
If you are looking to play a seasonality edge, this is an interesting one. Again, be aware of earnings today.
