Charts of the waste disposal and recycling giant are bullish.
Here's why I'd tell traders to stand aside for now.
You have to love the increased guidance, and the business appears to be in a very good place.
Let's filter through the technicals to see why this name is worth watching for thirsty investors.
Let's take a look at the charts and indicators.
At least according to the charts, which show continuing strong performance from WM.
The charts of the waste hauling and recycling company tell us sellers of its shares have been more aggressive of late.
The charts of WM are still pointed higher.
The downtrend in price is likely to continue.
The technical signs indicate the waste and recycling giant's shares could trade sideways for a while or perhaps even decline, so be cautious here.