User: Violet: Utilities: slopechart_MSEX.jpg

slopechart_MSEX.jpg

MSEX having trouble. Above uptrend from 1991 but must overtake all blue resistance to gain further upside.

Image added via SlopeCharts
slopechart_MSEX.jpg

Comments

VioletViolet
MSEX quarterly. 
6/20/22
Mr. WizardMr. Wizard
Violet, I live in Middlesex, although I have my water supplied by a competitor to MSEX
IMO there's a lot of issues with water companies here. 
Two big ones: 
1) my water bill probably shows the lowest increase of any utility I have. So no pricing power. 
2) The growth days of NJ are long over. No big developments have been built here sine the early 2000s. people are moving out, not in. And housing is too expensive for young people to buy and maintain. 6/20/22
VioletViolet
Considering water shortage as a serious concern, one would think the water companies would be doing okay. 6/20/22
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