Waste Management in a steady bull run since the crash in March. These levels will hold strong moving forward.
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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
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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
