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Analysis: #NYSE $WM
Case 385 #Waste_Management Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#WM 1/4
Case 385 #Waste_Management Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#WM 1/4
Chart 1
Monthly Chart: Since reaching a new all time high of 126.79 price fell heavily, smashing through 2016 #trendline support, eventually finding #support at the #confluence of the #Fib. 0.382, pivot and .....
WM 2/4
Monthly Chart: Since reaching a new all time high of 126.79 price fell heavily, smashing through 2016 #trendline support, eventually finding #support at the #confluence of the #Fib. 0.382, pivot and .....
WM 2/4
..... #SMA 50 (88.96-86.26). A good bounce ensued but failure to close above 112.21 #pivot resistance is problematic. Synthetic #resistance sloping at 130.88.
WM 3/4
WM 3/4
