WM is approaching our first support level at 85.98 (100% Fibonacci extension, 61.8% Fibonacci retracement, ascending channel’s support) where a strong bounce might occur above this level pushing price up to our major resistance at 93.71 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (21,5,3) is also approaching support where we might...
WM short term bear, potential fractal top in process elliott waves illustrate the overall trend to a smaller and larger degree. observe thru end of year.
This is a textbook symmetrical triangle on WM. If indicative of symmetrical triangles, WM should continue its underlying bullish trend.
I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader. Waste Management (Ticker: WM) is in a possible Flag or Pennant. I think it's near the end and about to get squeezed out one way or another, but I don't know if it will be Bullish or Bearish. You can see the trending Resistance Line it...
I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader. Waste Management is Bearish. It is in a downtrend. The purple line angling down on the highs is the resistance line I have drawn for the downtrend. I have already purchased a Put (as you may be able to see on my notes on the screen) and...
I like investing in utilities. More importantly I like investing in utilities with the type of infrastructure I consider to be a staple of domestic life. What do I mean? Water Utilities ( CWT @ 1.61% Yield) Waste Utilities ( WM @ 1.92% Yield) Recycling Utilities ( RSG @ 2.02% Yield) Power ( NRG @ 0.44%) Why? It certainly does make me feel...
The WM has started to immediately beat the bears.... Can you catch a glimpse of the SFB ? Take profit on every fib imaginable !
We eagerly await the glimpse of the Short Faced Bear as the trampling of the ancient Wooly Mammoth ensues with the Cats on his side they are slaughtering the bears BUT !! a glimpse of their wild card (SFB - Deadly Cup Factory) will turn the tide. Long with the flow of the bulls for now Heartbeaters !! Remember to zoom in and out and take profit on all fibs, We...
Looks like WM has hit some major resistance from fib and trend lines, WM are in an uptrend and on the daily we see a BB squeeze forming, looks promising for a bullish breakout....
Good gap , a lot of bearish traders trapped. Bouncing off the EMA's.