Waste Management is a company that provides services which will always be in demand. This is a primary reason for the steady increase in the company's value, it generally resists market downtrends due to consistent revenue. However, it is not bulletproof. In the market crash a decade ago we saw a drop of over 50% for this stock, despite the consistent demand for its services. When you look at the Heiken Ashi chart, it is clear we are due for a red 3 month candle. The fisher is showing that the uptrend is becoming exhausted, and pretty soon long term buying will be illogical for smart money.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.