Wednesday, September 11, 2019 1:12:15 PM
Waste Management Inc (NYSE:WM) stock topped out on September 5th, 2019 at $121.76 a share. Since that high pivot, the stock has declined by more than 7.0% to $112.26 a share. Traders should also note that the stock is now trading below its August 5th pivot which was a very strong support area. The stock is now getting a bit oversold on the daily chart so there will likely be some short term bounces, but lower prices are ultimately in the cards. One level that has caught my eye as major support is around the $102.00 area. This is where there is a major gap fill from May 31, 2019. There is also support from the 50-week moving average on the chart. This area should be solid for a long side swing trade in WM stock.
Nick Santiago
InTheMoneyStocks
Recent WM News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/10/2024 04:22:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/06/2024 09:24:03 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 06/05/2024 08:22:01 PM
- WM Announces Upcoming Conference Participation • Business Wire • 06/04/2024 02:18:00 PM
- Rowley Law PLLC is Investigating Proposed Acquisition of Stericycle • PR Newswire (US) • 06/03/2024 09:15:00 PM
- WM to Acquire Stericycle, a Leader in Medical Waste Services, for $7.2 Billion • Business Wire • 06/03/2024 11:05:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/17/2024 08:30:43 PM
- WM Announces Cash Dividend • Business Wire • 05/13/2024 09:53:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 08:32:49 PM
- WM Announces First Quarter 2024 Earnings • Business Wire • 04/24/2024 09:23:00 PM
- WM CELEBRATES EARTH DAY AT NEW YORK STOCK EXCHANGE CLOSING BELL, ANNOUNCES MAJOR LEAGUE BASEBALL SUSTAINABILITY PARTNERSHIP • PR Newswire (US) • 04/22/2024 01:36:00 PM
- WM Sets Date for First Quarter Earnings Release Conference Call • Business Wire • 03/20/2024 08:10:00 PM
- ETHISPHERE NAMES WM AS ONE OF THE 2024 WORLD'S MOST ETHICAL COMPANIES® FOR THE 15TH TIME • PR Newswire (US) • 03/06/2024 10:06:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 09:39:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:48:06 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM