The Waste Management stock has established the low of the magenta wave (iv). The price should now be on the last leg of the overarching wave III in beige. After the high of this move, we expect a sharp corrective move to well below support at $189.97. Please also note our alternative scenario (37% likely), which will be activated on a direct fall below support at...
Introduction:
Waste Management, Inc. (NYSE: NYSE:WM ), a leading provider of environmental services, has been attracting attention from institutional investors, as evidenced by recent moves by NewEdge Wealth LLC to bolster its position in the company. With a surge in institutional ownership and a recent dividend increase, Waste Management presents itself as a...
WM on a 180 minute chart shows a trend up since the October earnings. The January earnings
substantially beat the earnings from the October report and the uptrend accelerated. The chart
shows both VWAP band and volume profile breakouts persisting over 5 months. I have added to
my long-term position in WM with call options for January 2026 striking $200....
WM is impending earnings in the next trading day. It is a demonstration that there is money to
be made in the efficient collection of garbage and recyclables On the daily chart, since the
earnings beat, it has trended up through a high volume area breakout and a breakout across
series of VWAP lines and bands anchored in the intermediate past. The volumes...
Waste Management Inc. (NYSE: NYSE:WM ), the leading integrated provider of traditional solid waste services in the United States, has once again demonstrated its resilience and growth potential with the release of its fourth-quarter and full-year 2023 financial results. Despite facing challenges in the waste management industry, NYSE:WM 's strategic focus on...
With interest rates to stay at the current rate for longer and no direction on when it could happen, this is a definite buy if it pulls back to around the low 170s, there is a bit of a slight selloff on the daily timeframe but buyers are holding up the price. The price has been in an uptrend from a long term perspective and is a definite buy and hold equity under...
Waste Management stock is currently attempting to break the upper line of the pink trend channel. We expect it to do so within the framework of the turquoise wave 3, which should provide an important upward momentum that should also take the wave above the resistance at $175.98. As for the rest of the turquoise 5-wave move, the price should hold above this level...
WM is trading since mid 2022 in a bullish channel with clear reversals on the outer edges.
The bottom is near and it's likely that the end of year rally could take WM back to old highs.
Buy zone around $150-$135 TP around $170.
If we break the $135 even more losses are possible back to $110 area
Looking at the fundamentals, the intrinsic value for WM is around...
At the end of this bearish wave which dropped the price by 10% there is a new Bullish Alert + Crossover.
Price action looks good going to be positive.
Waiting for a healthy pullback.
Bearish Divergence on the monthly time frame indicating a big bearish morvment is about to happen.
RSI also showing market exhaustion where the bears are taking control
Stochastic showing the market is over bought.
and the candles on the chart is showing chop and wick to the top side.. indicating bulls loosing momentum and a reversal is imminent.
Waste Management had an incredible run in the past 10 years, however, it's showing signs of topping off and perhaps it's due for correction soon. If you look at recent price action, it's flat and at current dividend yield, it doesn't offer attractive returns on investment.
Throughout most of history, the amount of waste generated by humans was insignificant due to low levels of population density and exploitation of natural resources. Common waste produced during pre-modern times was mainly ashes and human biodegradable waste, and these were released back into the ground locally, with minimum environmental impact. Tools made out of...
Throughout most of history, the amount of waste generated by humans was insignificant due to low levels of population density and exploitation of natural resources. Common waste produced during pre-modern times was mainly ashes and human biodegradable waste, and these were released back into the ground locally, with minimum environmental impact. Tools made out of...
