RE: Watchlist - Investor method
Utilities being the worst performing in the last six months and second worst performing in the last 3 months I decided to look for some short opportunities there. What really stood out to me was DJUSWU (Water). It has made a head and shoulders formation with the neck line being penetrated this week.
The following stocks are in my opinion the best candidates for short selling: AWR and WTR (this one on a pull back entry if you missed the initial breakout)