May. 23 at 6:31 PM
Is
$AOS a value trap at current levels? 🛠️ The water heating business is a durable moat, but the residential housing slowdown is a persistent headwind. We are watching for the company to prove its pricing power can offset volume declines. Until the technical trend flips, the "premium" valuation remains at risk of further compression. 💎
🐂 Bulls: Look for a base formation around 58.00 before even considering a long setup
🐻 Bears: The trend remains downward; keep watching for lower lows as housing data cools
📊 Lean BEARISH.
#AOS #Construction #StockMarket #hovdid