Waste Management, Inc. (WM) shows several interesting formations in the $146-4148 region
(This is a stock in transition after recent disappointing earnings and a counter market trend since Dec. 2022)
First there is the pending Gartley harmonic pattern.
This is complimented by 2 ABCD patterns which help confirm my above area of interest.
I have clearly marked my preferred reversal area.
Not ready yet as a positive momentum to confirm a basing process.
I will update as needed.
DYODD and pay attention to broad market trends and direction.
S
(This is a stock in transition after recent disappointing earnings and a counter market trend since Dec. 2022)
First there is the pending Gartley harmonic pattern.
This is complimented by 2 ABCD patterns which help confirm my above area of interest.
I have clearly marked my preferred reversal area.
Not ready yet as a positive momentum to confirm a basing process.
I will update as needed.
DYODD and pay attention to broad market trends and direction.
S