ManuDXB

Upside Reversal is near, WM below Intrinsic Value

Viés de alta
BATS:WM   Waste Management, Inc.
WM is trading since mid 2022 in a bullish channel with clear reversals on the outer edges.

The bottom is near and it's likely that the end of year rally could take WM back to old highs.

Buy zone around $150-$135 TP around $170.
If we break the $135 even more losses are possible back to $110 area

Looking at the fundamentals, the intrinsic value for WM is around $170.

So I think it is a good opportunity


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