Waste Management, Inc - 30d expiry - We look to Buy a break of 155.81 (stop at 152.21)
The primary trend remains bullish.
Price action continued to range between key support & resistanc
ence for trading is higher highs and lows.
A break of the recent high at 155.49 should result in a further move higher.
This is curremtly an actively traded stock.
Our...
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...
