Usstocks
$LIN with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:LIN after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
Merck: Water slide 🛝The pool-season is about to start, and Merck has already secured its place on the water slide, which should take it further downwards below the support at $110.66. However, there is still a 35% chance that the share might catch a bubbling fountain which could push it above the resistance at $119.65. In that case, we would expect Merck to develop a new top in the form of wave alt.B in green in the green zone between $119.87 and $123.79 first before turning downwards again.
Waste Management: No Time Wasted 🕰From the top of wave D in turquoise, which was commendably paced in our target zone, Waste Management has wasted no time and has briskly started the expected downwards movement. This trend should lead Waste Management into the magenta-colored zone between $154.00 and $146.56 just below the pink trend channel, where the share should conclude wave E in turquoise as well as wave (4) in magenta. Once this low is placed, Waste Management should turn upwards, leaving the trend channel on the northern side and heading for the resistance at $175.98. A 34% chance remains, though, that the share might stop the descent earlier, complete wave alt.2 in turquoise instead and vault above $175.98 from there. In that case, wave alt.(4) would be finished already.