Monday, January 23, 2012

Weakness in Volume: AWK


The stocks, like the market appear to have risen in price without underlying fundamental market demand.  Motley Fool rates this "one of the 6 best stocks".  But the PEG is 2.02 -- talk about over-valued!  growth estimates for the sector are 40% in 2011, but just 3% in 2012.  It goes ex-dividend 2/1/12.

Notice how the current Stochastic over-bought condition has signaled a price-drop 9 or 10 times in a row!


 

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