Water usage worldwide has been increasing at more than twice the rate of population growth, according to UN-Water.org. Water scarcity is cited as a likely reason for future geopolitical conflicts.
Water is most important for the life than Oil or Gas, but investor can't bet its price using future contracts.
Investing in the scarcity of water, it turns out,...
IH2O is consolidating around 200dma, which is also right in the middle of what was a long 2H19 consolidation. Price action so far supported by 50dma, I'm bullish with a target of 3750 - where the Feb/Mar sell-off continued.
Yeah, I know. Another obscure etf from my home country, the UK, but I liked the almost perfect fib measurements and the clearness of the pattern and the count. In fact it quite remarkable to me how many times this chart hits the 38.2/61.8/161.8 fibs. If this correction alternates with the 38.2 fib retracement that I have for wave 1 then we can expect a much...
