Water Utility stock Breakout

Look at how long this “base” has been formed and now finally broke out above the resistance line.  The days of the breakout action are on big volume.  Now it is testing that level as new support.

Here’s an ETF of Water Resources. Broke above resistance of a double bottom reversal but without major breakout volume.  Could be a “fakeout” but we’ll see if the line holds as new support.