Waste Management Bullrun | Current Levels
Waste 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 Stonks
~
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 Stonks
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.