Market-Technicals

Financial Market Analysis

By Shawn R. Carpenter

Wednesday, February 08, 2006
  Waste Management
Waste Management Incorporated seems to be breaking through its recent consolidation period. Rangebound over the last 2 years between 34.40 and 27.00, consolidation is over and it is moving to the upside (as of 2/8/06 - 32.54). It will be interesting to see if it breaks through the resistance levels of 32.62 (week of 12/6/97) and 34.44 (week of 2/7/98).
  6:13:00 PM
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Why Market-Technicals?

Market-Technicals is a Financial Market Trend and Research blog. Mainly utilizing technical analysis, the research composed is designed to capture market timing techniques, understanding how economic and political forces shape the market, and give speculation as to where the financial market is headed. Encompasing equities, index, sector, ETFs, commodities, and bonds; the expectations are to shed some light as to what "smart money" is thinking.
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