WM Potential Pullback

Today, I analyzed the daily candlestick chart for Waste Management, Inc. (WM) on the NYSE. The current price is $212.06, hovering near a resistance level of $214.54. The chart shows recent highs and potential support levels at $210.45, $209.50, and $208.99. A red arrow suggests a potential pullback to these support zones. Volume trends indicate significant trading activity. My strategy will be to monitor these key levels for possible buying opportunities if the price corrects as anticipated.
Supply and DemandSupport and Resistance

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