American Water Works (AWK) shares are holding firm above the 21 EMA after testing there this week and forming a hammer candle off lows now looking ready to breakout above 148 on the way to retest the highs near 155 last month ahead of earnings due 4/30. AWK has stayed a resilient trend as a defensive water utility play and one that is sporting a strong monthly chart that points to 160+ if the safe haven value names continue to see flows. Last week saw a buyer of 250 December $160 calls at $7.50 and still has the 500 Sept $150 calls in OI from a buyer on 3/3 that has doubled since.