Well I called this wrong. I thought AWR was going to see a double bottom but what is happening is that a Descending Triangle pattern is happening.

The volume is dropping off the the Stochastics is looking to turn.

It looks like we are going to see a move back to $74.00.

I am thinking of taking a profit here.

Stat	Value
PE	35.01
EPS	2.31
Beta	-0.07
Profit Margin	17.78%
Operating Margin	27.94%
Avg Volume	342.3K
Shares Outstanding	36.88M
Float	36.43M
Shares Short	998.11M
Short % of Outstanding	2.71%
Dividend	1.58%
% Held by Insiders	0.97%
% Held by Institutions	75.01%

Positives:

• 1.58% dividend yield
• Short Term Liabilities: AWR's short term assets ($122.5M) exceed its short term liabilities ($116.0M).
• Earnings Trend: AWR's earnings have grown by 5.1% per year over the past 5 years.
• Accelerating Growth: AWR's earnings growth over the past year (32.2%) exceeds its 5-year average (5.1% per year).
• Earnings vs Industry: AWR earnings growth over the past year (32.2%) exceeded the Water Utilities industry 4.5%.

Negatives

• Fair Value is at $32.14
• Long Term Liabilities: AWR's short term assets ($122.5M) do not cover its long term liabilities ($923.8M).
• Aging water infrastructure in California