Is A.O. Smith Corp. (AOS) Ready to Breakout?

A.O. Smith Corp. manufactures residential and commercial gas and electric water heaters, boilers, tanks and water treatment products. It operates through the following two segments: North America and Rest of World. The North America segment manufactures and markets comprehensive lines of residential and commercial gas and electric water heaters, boilers, tanks. The Rest of World segment comprises of China, Europe, and India; and manufactures and markets water treatment products…

Take a look at the 1-year chart of A.O. (NYSE: AOS) below with added notations…

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