X FORCE GLOBAL ANALYSIS: Waste Management (WM) is the leading provider of comprehensive waste management in North America, providing services that range from collection and disposal to recycling and renewable energy generation. In this analysis, we look at Waste Mangement's technical to spot a potential bullish breakout Technical Analysis - The first thing...
In my last article I lamented my folly of inadvertently buying when CNBC said to do so. Earlier this week I caught a clip of Dave Ramsey, a radio financial advice personality, telling people that they were stupid to not be buying to stock market right now when it was "cheap." Again, we had more downside to go. When you've been trading for a few years you...
In my last article I lamented my folly of inadvertently buying when CNBC said to do so. Earlier this week I caught a clip of Dave Ramsey, a radio financial advice personality, telling people that they were stupid to not be buying to stock market right now when it was "cheap." Again, we had more downside to go. When you've been trading for a few years you...
After such a healthy run. be ready for a resting phase and possible pullback. If you got in early, the potential to pyramid in another trade to make more profit may be on the table soon
I AM NOT ENTERED IN THIS TRADE - BUT ITS READY IMO Unless price opens below $113.03, WM is ready. Bullish Put Credit Spread Chart Details Bullish pattern on Weekly view with bullish price breakout. Pattern is repeating in WM, flat bottom wedge (bullish pattern). I like this sign. Bullish EMA Cross on Daily view. Bullish EMA Cross on Weekly view is guaranteed...
XLI is a sector that has recently broken out, looking within that sector, WM seems to be showing some bullish potential. The stock is trying to successfully bounce off a test of the 200-day EMA line. Any continued strength will push the price back above the 10-day EMA line. The stock is also exiting an oversold condition. I am targeting the $115 & the $120 price...
I'm putting a put spread on WM since it seems to be in a downtrend even though its not strong it has hints of bearishness with divergences on RSI and OBV Spread cost is $1.35 Exp Oct 18, 115/110 I'm trying a 3 week option instead because I'm testing it I seem to be hitting my targets sooner than later so this may become the norm if the tests work out. $1.35...
Wallbridge stills climbs with a lot of positive hits before beginning their mining operations. The recent thirst for gold has me thinking demand will increase in the coming market trend
WM is approaching our first support at 83.77 (horizontal overlap support, 23.6%, 76.4% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 57.23 (horizontal pullback resistance, 61.8% fibonacci extension, 61.8% fibonacci retracement). Stochastic (21,5,3) is also...
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.