WCN seems to be trending lower and lower,
Target is $85.
$133 max loss and $3.67 max gain.
Spread is 5 points 90/85 EXP October 18th
My only problem with this trade is the duration of it even though its 45 days I believe the move may take less time to happen.
Profit target is $183.5 max loss is $80
Possible loss if bullish is if the bottom holds and support...
This is another entry getting ready to put together my longer article on Waste Management equities! I'll be using these (last few) ideas in conjunction with a longer write-up on this basket of equities. The purpose its to create a few baskets which are solid during an economic downtrend.