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WATCH $WM DON'T LET IT GO TO WASTE

Short
Waste Management, Inc. (NYSE:WM)  
nexxtrade  
NYSE:WM   Waste Management, Inc.
Trend Analysis Chart Patterns Technical Indicators momentumstrategy Momentum Oscillators momentumtheory momentumtheoryindicator thenexxtrade
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trendanalysis chartpattern indicator momentumstrategy momentumoscillator momentumtheory momentumtheoryindicator thenexxtrade
Bearish/Bullish

snapshot

Fundamental

- High inflationary Macro environment / still no fear sentiment
- Funds Distribution
- Normal PE
- Negative PEG
- Decent P/FCF
- High debt
- Niche Sector / Industry / Leader

Technical

snapshot
- - Momentum Theory Indicator - bearish divergence
- Price action formation ( double tops )
- Broke down Trend line and did a retest / seems rejected
- Rejected with POC
- Rejected with 0.5 fibo level
- Below 200MA
- Good ST level

snapshot

Entry idea

Attractive R:R
- For members

Stop loss depending on entry and risk appetite. But always set meaningful stops.

"Don't be afraid of being different. Be afraid of being the same as everyone else"

Cheers and happy trading!

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