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.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
相关出版物
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
