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WM

Waste Management: Home stretch 🏁The Waste Management stock has established the low of the magenta wave (iv). The price should now be on the last leg of the overarching wave III in beige. After the high of this move, we expect a sharp corrective move to well below support at $189.97. Please also note our alternative scenario (37% likely), which will be activated on a direct fall below support at $189.97. In this case we will consider the high of the beige wave alt.III as established.
NYSE:WMLong
by MarketIntel
1
Waste Management, Inc. Shares Acquired by NewEdge Wealth LLC Introduction: Waste Management, Inc. (NYSE: NYSE:WM ), a leading provider of environmental services, has been attracting attention from institutional investors, as evidenced by recent moves by NewEdge Wealth LLC to bolster its position in the company. With a surge in institutional ownership and a recent dividend increase, Waste Management presents itself as a compelling investment opportunity in the sustainable services sector. Institutional Interest: NewEdge Wealth LLC increased its stake in Waste Management ( NYSE:WM ) by a staggering 194.0% during the fourth quarter, demonstrating confidence in the company's growth prospects. Moreover, other institutional investors, including Quent Capital LLC, Peoples Financial Services CORP., Ausdal Financial Partners Inc., Financial Advocates Investment Management, and Dfpg Investments LLC, have also adjusted their positions in Waste Management, indicating a broader institutional bullish sentiment. Insider Activity: While institutional investors are showing optimism, insider activity reflects a more nuanced picture. Recent insider selling, including transactions by EVP Charles C. Boettcher and Director John C. Pope, raises questions. However, it's essential to note that insider selling can occur for various reasons and may not necessarily signal a negative outlook for the company. Financial Performance: Waste Management's ( NYSE:WM ) financial performance remains robust, with the company surpassing earnings expectations in its latest quarterly report. The company reported $1.74 EPS for the quarter, exceeding the consensus estimate by $0.21. Additionally, Waste Management demonstrated solid revenue figures, with $5.22 billion in revenue, slightly outpacing analyst estimates. Dividend Growth: Investors seeking income can find solace in Waste Management's recent dividend increase. The company raised its quarterly dividend from $0.70 to $0.75 per share, reflecting management's confidence in its ability to generate consistent cash flow. With a dividend yield of 1.46% and a payout ratio of 53.00%, Waste Management offers an attractive income opportunity while maintaining financial stability. Analyst Outlook: Analysts have taken note of Waste Management's ( NYSE:WM ) performance, with several research firms upgrading their price targets and ratings. Jefferies Financial Group, for instance, raised its price target to $256.00 and issued a "buy" rating, citing optimism about the company's growth prospects. Overall, Waste Management enjoys a favorable outlook from analysts, with an average rating of "Moderate Buy" and a target price of $204.85. Technical Outlook Waste Management's ( NYSE:WM ) stock is up 0.04% with a Relative Strength Index (RSI) of 41.19 steadily keeping the momentum at that level. The 4-Month price chart candle stick shows a formation of an inverted Hammerhead citing a bullish surge in the medium to long term.
NYSE:WMLong
by DEXWireNews
WM Waste Management ( Garbage Collector / Recycler ) LONGWM on a 180 minute chart shows a trend up since the October earnings. The January earnings substantially beat the earnings from the October report and the uptrend accelerated. The chart shows both VWAP band and volume profile breakouts persisting over 5 months. I have added to my long-term position in WM with call options for January 2026 striking $200. These have expensive premiums but I believe there is high value showing on the chart. I have taken partial significant profits from the $190 calls for January 2025 and am rolling the remaining a year forward. I will also buy a lot of shares now and hold them for about 4 weeks closing out most of the position a few days before earnings and hold the remainder through the earnings. Profits will be used to buy another call option.
NYSE:WMLong
by AwesomeAvani
Waste Management WM uptrending since prior earningsWM is impending earnings in the next trading day. It is a demonstration that there is money to be made in the efficient collection of garbage and recyclables On the daily chart, since the earnings beat, it has trended up through a high volume area breakout and a breakout across series of VWAP lines and bands anchored in the intermediate past. The volumes have been consistent. The RSI indicator shows both the lower and higher time frame lines above the 50 level since those earnings. I see this as an add to one of my investment portfolios as it is a relatively slow mover with dividends. On traders with long duration swing trades will pay attention to it. An options call trade in the lead up into earnings will mature on February 16th This is a blue chip stock; it does not get headlines it just works hard month in and month out. In my opinion, nothing is wrong with that.
NYSE:WMLong
by AwesomeAvani
Waste Management Inc. Outperforms with Strong Q4 Result Waste Management Inc. (NYSE: NYSE:WM ), the leading integrated provider of traditional solid waste services in the United States, has once again demonstrated its resilience and growth potential with the release of its fourth-quarter and full-year 2023 financial results. Despite facing challenges in the waste management industry, NYSE:WM 's strategic focus on operational excellence and sustainability investments has propelled its earnings to new heights, making it an attractive proposition for investors seeking long-term value. Expanding Revenue and Profitability: NYSE:WM 's fourth-quarter revenue soared to $5.217 billion, marking a 5.7% increase from the same period last year. This growth trajectory continued throughout the year, with full-year revenue reaching $20.426 billion, showcasing NYSE:WM 's ability to effectively manage pricing strategies amidst economic uncertainties. Additionally, the company's income from operations rose by 6.2% year-over-year, reflecting its success in enhancing operational efficiency and cost control measures. Operational Efficiency and Margin Expansion: One of the key highlights of NYSE:WM 's performance is the significant expansion of its adjusted operating EBITDA margin to 29.9% in the fourth quarter, up from 27.5% in Q4 2022. This improvement underscores NYSE:WM 's commitment to optimizing margins through operational excellence programs, further solidifying its position as a leader in the waste management industry. Despite inflationary pressures, NYSE:WM has managed to maintain pricing discipline and drive profitability, showcasing its resilience in a challenging operating environment. Sustainability Investments Driving Growth: NYSE:WM 's strategic investments in renewable natural gas projects and recycling assets are poised to deliver significant EBITDA contributions by 2026. These initiatives not only align with the company's commitment to environmental sustainability but also position NYSE:WM for long-term growth opportunities in emerging markets. By prioritizing sustainability, NYSE:WM is not only creating economic value but also contributing positively to the environment, appealing to socially responsible investors. Leadership and Future Outlook: Jim Fish, President and CEO of Waste Management Inc., ( NYSE:WM ) has expressed confidence in the company's performance and highlighted the momentum built in the second half of 2023. With a strong focus on capital allocation priorities, including investments in sustainability growth and accretive acquisitions, NYSE:WM is well-positioned for sustained growth in 2024 and beyond. Furthermore, the company's solid balance sheet, healthy cash position, and manageable debt levels provide a strong foundation for future expansion and shareholder returns. Conclusion: In conclusion, Waste Management Inc.'s ( NYSE:WM ) latest earnings report underscores its position as a market leader in the waste management industry, driven by its relentless pursuit of operational excellence and strategic investments in sustainability. With robust revenue growth, expanding profitability, and a clear vision for the future, NYSE:WM presents an attractive opportunity for investors seeking exposure to a resilient and environmentally conscious company.
NYSE:WM
by DEXWireNews
Waste Management: Breakout Attempt 💥🚪Waste Management stock is currently attempting to break the upper line of the pink trend channel. We expect it to do so within the framework of the turquoise wave 3, which should provide an important upward momentum that should also take the wave above the resistance at $175.98. As for the rest of the turquoise 5-wave move, the price should hold above this level and only complete the structure and thus the gray wave III at around $192. This bullish outlook is only hindered by the 27% chance of a break below the support at $149.71.
NYSE:WMLong
by MarketIntel
CAKE set up for Profit Run Monthly, Weekly, Daily should be hugeThanks to Savvy Sean for finding this and asking me to chart it... I havent seen a monthly that was this ready and in line with weekly and daily at the same time....so This should be a huge move. I got 1 110 day and 3 43 day option plays on this.... plan on pulling some profits the first sign of weakness on a longer time frame. However I plan on jumping back in at the bottom of same move. this should run for a few months. the target is the 50% drop it took in price action around $68ish... Like follow Boost its all free.... if you find this interesting and want to see more. by iCantw84it 07.03.23
NASDAQ:CAKELong
by iCantw84it
TCOM Naturally I jumped in early so you dont have too!TCOM setting up to launch... Made DEEP support and about to pop the last string on my ribbon. The ESVO is a col and price oscillator that marries the two together... the lines are where all time frames interest is centered. So major support and resistance is created when they merge together. meaning all the time frames are in agreement on where the price is.... when support is made after passing it... It starts its profit run. 90% on stocks that have popped the ribbon and dropped back below.... reaccumulated and popped it again to find support. Natrually I jumped in last week..... And now its about to be ready. by iCantw84it 06.30.23
NASDAQ:TCOMLong
by iCantw84it
The good the bad the Ugly....Trades for 6.23.23Maybe I am in patient, and even though this looks ugly I am going to post this.... I will post the individual charts for each stock. At the time I added the new stocks to this. EBAY was still being a turd and Bili was scared of its shadow. So if you take those out then we have TCOM and Love not done coming down when I got in....so Maybe give it till 11:30-12:30 EST on 6.23 for some of these. WM being a beast still from my previous trade. AWK started out semi strong then got weak as I was writing this. Now on to what I do see....*sigh* In the market all travel has been setting up behind Airlines to pop the ribbon. The Ribbon is the ESVO, which is basically the physical representation of the river used for supply and demand. Not only travel, but Natural Disaster stocks are priming. If you have been following my trades. GNRC, AIG, WM, AWK these are all natural disaster stocks. Look at URI also a good one, HD also a beast, LOW.....duh. all popping the ribbon and finding support. Some of these on lower time frames are not there yet. But I like torturing myself. Note to Bili and EBay I will cut you, like a Latin Kings Girlfriend in a club because you stepped on my shoes while I was waiting by the bar...... Just saying. I will give these too monday if they arent acting right drop em. iCantw84it 6.23.23
NYSE:WMLong
by iCantw84it
Waste management dips continue to attract buyers.Waste Management, Inc - 30d expiry - We look to Buy at 161.11 (stop at 157.11) The medium term bias is neutral. Trading has been mixed and volatile. 160 continues to hold back the bears. Bespoke support is located at 160. We look to buy dips. Our profit targets will be 171.11 and 173.11 Resistance: 167.72 / 169.00 / 171.10 Support: 165.00 / 163.30 / 161.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NYSE:WMLong
by VantageMarkets
Waste Management: No Time Wasted 🕰From the top of wave D in turquoise, which was commendably paced in our target zone, Waste Management has wasted no time and has briskly started the expected downwards movement. This trend should lead Waste Management into the magenta-colored zone between $154.00 and $146.56 just below the pink trend channel, where the share should conclude wave E in turquoise as well as wave (4) in magenta. Once this low is placed, Waste Management should turn upwards, leaving the trend channel on the northern side and heading for the resistance at $175.98. A 34% chance remains, though, that the share might stop the descent earlier, complete wave alt.2 in turquoise instead and vault above $175.98 from there. In that case, wave alt.(4) would be finished already.
NYSE:WM
by MarketIntel
WM - Broken Failing Trend Channel- WM has broken the falling trend channel in the medium long term and reacted strongly up. - The price has broken the resistance at 164 of a rectangle pattern, which signals a further rise. - The stock has support at 155 and resistance at 170. - The short term momentum of the stock is strongly positive, with RSI above 70. - However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NYSE:WMLong
by wavepoint99
Waste Managment to break from a range.Waste Management, Inc - 30d expiry - We look to Buy a break of 155.81 (stop at 152.21) The primary trend remains bullish. Price action continued to range between key support & resistanc ence for trading is higher highs and lows. A break of the recent high at 155.49 should result in a further move higher. This is curremtly an actively traded stock. Our profit targets will be 164.81 and 165.81 Resistance: 153.50 / 155.66 / 160.00 Support: 150.00 / 148.55 / 145.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:WMLong
by VantageMarkets
WM MAR10 150/FFEB17 145 DIAGONAL PUTBear Rally: I've had WM on my watch list since it made a new swing low Friday, January 20th. The stock is also trading below a falling 50-day SMA. As I had this on my watch list, I was thinking this would be a low base set up, but evolved to a small bear rally with lower or equal volume running up to the 20 day or previous support/resistance at 154.35. The candle stick on the 30th could have been used as the reversal candle for the bear rally. I had to wait to get in because earnings were due out the 31st. With it gapping down and traded below the swing low, I decided to get into my strategy today. Diagonal Spread Strategy: Since about mid August, WM has had a bearish outlook and based on this trend, it's probably that this will continue a slow grind lower. I drew a couple lines from the August 22' high on the hour chart and identified a channel I wanted to play. Plan A would be hitting my target of 145 by the 17th or being below it by the 17th. I was thinking of picking up the 17 March 150 stikes, but I didn't like the spreads. March 10th should be more than enough time to get to 145. Actually, I prefer my 145 strike to expire worthless and manage my 150 strike until the 10th. Position management strategies when the stock goes lower If this goes below my 145 target before the 17th and stays below it by the 17th, I'll close the entire combo out. Position management strategies when the stock goes sideways If this goes sideways, I'll let my 145 strike expire worthless and hang on to my 150 strike until the 10th. Either way, I'm set up for max loss risking less than 2% of my portfolio. Position management strategies when the stock goes higher If this goes higher, I'm set up for max loss so I'll move on to my next trade. Position management strategy at expiration Come expiration, if this is at or below my 145 target, I'll close out the entire combo. If not I'll hang on to my 150 strike, and once it hits my 145 target, I'll close it out even if it gets there before the March 10th expiration.
NYSE:WMShort
by MMOTA_
WM - SWING TRADE IDEAWASTE MANAGEMENT (WM) The King of Trash It is the industrial leader in waste management environmental services to residential, commercial, industrial, and municipal customers in North America. Besides that, it owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. Why you should some interest 1) WM is recession-proof . Why? Are you going to let the trash pile up because the economy is in recession? NO 2) It is the industry leader in trash services. They have a market share of 30% and 47% in collection and landfill respectively. While its main competitor clocks off at 24% and 17%, respectively. They also produce electricity with the trash through methane exploitation. Net Income is rising year-over-year. Technical analysis It has been traded on ATH in August this year.... Is now trading Sideways. Big hammer on Weekly chart. On Daily: Bullish Engulfing Candle High Volume Can go both ways. See chart. You could go LONG or SHORT immediately but also on the rebound. Stop loss at ENTER prices.
NYSE:WM
by kkrypto.be
WM: Waste flushing down!Waste Management, Inc Short Term - We look to Sell a break of 166.30 (stop at 170.08) Trading within a Bearish Channel formation. The bearish engulfing candle on the 4 hour chart is negative for sentiment. A break of 166.30 is needed to confirm follow through negative momentum. Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return. Our profit targets will be 157.41 and 154.40 Resistance: 170.00 / 174.00 / 180.00 Support: 157.50 / 140.00 / 124.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:WMShort
by VantageMarkets
1