Waste Management Bullrun | Current LevelsWaste Management in a steady bull run since the crash in March. These levels will hold strong moving forward. ~ The stock currently sits above what has proven to be strong support @ $113 which could offer as a decent entry point considering our next support is at $107. Watching the orange trend line as support as well, it holds strong on the weekly timeframe . Possible long on a break and hold of resistance @ $120. Upside targets: $126 Possible Short Entry pn break and hold below $107 Caution needed with this stock as it continues its push up. Seems like it's due for a correction in a few months. DotcomJack | Michael Jordan of Stonksby DotcomJack115
Long with Break up from S TrianglesHigh before crash is 126.79 Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2019, the company owned or operated 244 solid waste landfills; 5 secure hazardous waste landfills; 103 MRFs; and 302 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. Further, it offers fluorescent bulb and universal waste mail-back services through LampTracker program; portable restroom services under the Port-o-Let name; and street and parking lot sweeping services, as well as holds interests in oil and gas producing properties. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is based in Houston, Texas.Longby lauralea113
Announcement to BUY WASTE MANAGEMENTHey investors, WASTE MANAGEMENT is in an uptrend, plausible on the chart to go up to seek the previous support. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd4
Short WMA big rally in the middle of a general chop and downtrend? Looks ripe for a short.Shortby dotpem3
WM: Major Resistance Breakthrough Analysis 4H (Apr. 28)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 we can spot from this chart is a bullish ascending triangle. - Prior to this pattern, we saw a bullish divergence, with prices forming lower lows, and the Relative Strength Index (RSI) forming higher lows - Prices consolidate within the pattern for a bullish reversal, forming higher lows. - This demonstrates that bulls have more strength in pushing prices, while bears merely maintain resistance - We have broken through one major descending trend line resistance with a gap. - There is, however, another descending trend line resistance that needs to be broken, in order to confirm a breakout - We have broken through the ichimoku cloud resistance - The 20 Simple Moving Average (SMA) is a good reference of short term trends in this case. - We have broken through, and are trading above the 20 SMA - The Moving Average Convergence Divergence (MACD) shows an uptrend of moving averages, and weak bearish momentum demonstrated by a quickly negated death cross. What We Believe Prior to the drop caused by the Corona Virus (COVID-19) crisis, Waste Management has been on a historic bull-run on the monthly. Given its price history, we believe that a potential breakout could mark the beginning of a bullish trend reversal. Trade Safe. Longby XForceGlobal21
WM downtrend WM has formed a 40 week right- angle broadening top formation, followed a decisive closed at 108. TP # 1 121.00 - 108 = $95 Target TP # 2 126.5 - 108 = 89.7 aprox = $90 Target The daily is forming a Descending angle triangle with a top @ aprox 106.22 and support of 85.54, if WM Breaks support and closes below 85.54.00 on the daily TF, The next target on the downtrend is: Target : $106.22 - $85.54 = $64.86 aprox 65$Shortby fr88112
Staples of modern civilzation ($WM)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 eventually realize that literally everyone, including yourself, has to realize the point of "peak FUD" before the market turns around. There has been far too much optimism following this selloff. "It's just the flu", "the economy is still strong," etc. are just not things you would hear at the tippy-bottom. That being said I still need to be wisely allocating capital in this rare event. Some Weekly timeframe alerts I've set over the past month before the crash have been dinging to my attention this morning that I'm keen to buy. NYSE:NOC and NYSE:WM are two stocks I've been watching and waiting for an opportunity for a long time. NYSE:WM more than others. Weapons and Garbage are staples of civilization... just as much if not moreso than toilet paper (which everyone seems to be inexplicably bullish on).Longby norok224
Waste Management Inc Bullish Upgrade $wm Oppenheimer gets upgraded to outperform Nice retarce to overall .382 complete Price has managed to climb back above Point of Control (redline) pre market. Wait for market stability for a possible reversal trade by RedHotStocks20
WM: could be still an opportunity for buying at 115 priceSee in my previous post. The price opened lower, even better R:R around 2.5Longby GIgor_021Updated 224
TRASH TO SPACE? | Waste ManagementWaste Management is one of the few stocks I've traded over the years. Waste Management is a beautiful opportunity for investors with 30%+ gains avg. a year, for the last 5 year years. When it comes to stocks, I often ask myself "do we NEED this company/service"... When it comes to trash, we do. I think it's going to be interesting what's to come for WM, will it strive through this next crash? Pattern Recognition: - As we validate this rising wedge, we look for a few more waves before it's descend (if rising wedge is successful). We look for a retest near $115 most definitely, if the bears can push we will see farther retest toward the $108 level. Trash In Space? " The development will occur in two phases. In Phase A, selected companies will create a concept trash compaction and processing system, conduct design reviews with NASA, and validate concepts through prototype ground demonstrations. Throughout this phase, the companies may request use of NASA facilities to conduct subsystem tests. In Phase B, a flight unit will be developed to demonstrate a system aboard the space station as early as 2022. Inherent with the NextSTEP partnership model, private companies must contribute their own corporate resources toward the development of their trash compaction and processing systems. In this case, responders are required to show a minimum of 20 percent contribution toward the overall development cost, or 10 percent for small businesses. Proposals are due August 22, 2018. NASA plans to host a " The future is closer than many think.... As always, I'm not a financial adviser nor am I providing financial advice. DotcomJackLongby DotcomJack666
WM - another Bull opportunityHello, This is my first public idea. There was a consolidation in the past several month after a clear uptrend, now the price is breaking out of the triangle, which might indicate the continuation of the previous trend. Entering the market at current level provides good R:R ratio. Some fundamentals: EPS=4.14 P/E=28.14 DIV=1.78% (2.05) ROE=0.27 g=0.136 r=15.38% seems to be above average, comparing to competitors in the US environmental services sector. Support me, if you like my work. I am planning to come up with more in the near future. Cheers, G.Igor Longby GIgor_0210
WM - Bullish Pattern Breakout - Bullish EMA Cross ImminentI 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 IMO. Price is already above 10WeekMA with buy signals on Daily and Weekly. Only cons : - 2 gaps below current pattern. We aren’t keeping anything long. :) -Monthly options only, no weeklies. Plan accordingly. Entry Options Looking at 1/17 Expiry. Put Credit Spread. 110/115 strikes. POP 66%. Risk $345. Reward $155. Not the best risk/reward. But I like the pattern and EMA Cross/10Week price cross on Weekly - this is money in the bank 9 out 10 times. Stop loss at $112.50 Must exit before expiry. Hold maybe a week. Exit at 50% profit, gap fills, or your risk tolerance. Spread Comparison Debit Spread vs Credit Spread –Bullish Call Debit Spread everything the same would have risk $365, reward $135. This is the reason credit spreads beat debit spreads almost always. You risk less and make more with higher POP (probability of profit). About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. I am transitioning to my new website www.moneypatterns.com and have updated my name previously jbird7839. Same guy - new name. :) Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SMH Bearish, SPXS Bullish by MoneyPatternsUpdated 5
Continues to be best bet into next week $WMWas best bet this past week and continues to look great going forward target is almost himLongby daytraderrockstar4
WM shares are being accumulated getting ready for a breakoutIf WM breaks above 113 it will start a march higher towards 119Longby mistrykam4