$WM - RC -
Added 2024-07-26 18:58:18 +0000 UTC$WM missed on earnings this week and it has not been a good week for a company to double miss on their report.
Price has declined hard and continued its sell off today.
I believe $WM has had a fantastic run since its 2020 low but needs an ABC correction now and will come close to its 200 Day MA if we get another red day next week
If the 200 Day MA is lost then I expect Wave A to complete before getting a relief bounce, this is where exit liquidity will come before moving down to our Wave C target at the 0.5 Fib.
