Waste Management confluencesFirst of all fundamentally the company is basically essential to our survival so I have no reason to believe they will go out of business any time soon. Earnings report soon should bring about some volatility. I was foolish enough to buy the top a couple months ago and deciding today I will add the
Key stats
About Waste Management, Inc.
Sector
Industry
CEO
James C. Fish
Website
Headquarters
Houston
Founded
1987
ISIN
CA94107V1067
FIGI
BBG01TQRMF54
Related stocks
Waste Management price predictionFundamentally WM stock is proven to be resistant to recession. I have a position on the stock as a hedge against uncertainty it makes up about 15% of my portfolio as of this writing. I am looking to buy more at lower prices since I bought at a premium a couple weeks ago. I will try and hold indefini
Waste Management (WM): Waste and Recycling Demand GrowsWaste Management, Inc. (WM) is North America's leading provider of comprehensive waste and environmental services. The company offers collection, recycling, and disposal solutions to residential, commercial, and industrial customers. With a growing focus on sustainability, WM is expanding its recycl
WM to $214My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at top of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) at overboug
Waste Management - Bullish Outlook - Rally- Base - RallyWaste Management is all about taking care of trash and making the environment a little bit cleaner. They're a big company with several different parts:
* They collect and dispose of waste on the East Coast and in Canada.
* They do the same thing on the West Coast and in parts of Canada.
* They sort
Consumer Goods Weak And Financials StrongThis is an extensive list but I went through over 500 charts yesterday. What I noticed was cloud solutions are strong while other tech is weak. Financials have been on fire both in the US and foreign banks. Consumer durable and non durable are very weak as is logistics, and manufacturing. Notice the
Waste Management WM is inside on the 3 month time frame
If we break $196.60we will go 2D on the Quarter
If we break $225.00 we will go 2U on the Quarter and break 52 Week high
On the daily we have a 2/2 Bearish Continuation
On the 4Hour we are Inside with a 1 Candle
Taking calls base off the 4 hour time frame
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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