The Rectangle is just one piece of the puzzle. See the full technical breakdown.
Sideways movement between parallel supports.
Bearish continuation if preceding move was down.
Bearish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for Waste Management (WM) on the daily chart. With a last close of $214.6, volatility remains active (-0.58%). Our AI has detected a valid Bearish Flag pattern. The trend indicator is reading 10.7/100, suggesting moderate momentum. A potential breakout level is identified at $209.21, targeting $183.33 with support near $225.81 (R:R 1.56).
What is your outlook on WM?