Top Stocks Of The Day |BUY & SELL| 28 Sept -

Short Trade: Waste Management, Inc. (WM) – 154.42

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Trade Details:

It may breakdown the trendline and retest the lower levels.
The price is near the strong resistance zone on daily charts.
Wait for the confirmation of the reversal from the upper trendline.
RSI is looking bearish and facing downwards.
Trail your stop loss at entry price after getting a 1:1 risk reward.
Risk Reward 1:3+
Ignore this trade in case of GAP Up opening, and also keep an eye on the overall market trend while entering into this trade.

Trade, SL, and Target –

Entry = Below 154.50

Stop Loss = 155

Target = 152 & 150

Please note: The stock may open a gap up, so enter into this trade when it triggers our entry price.

Long

This stock is taking support on the daily time frame charts.
Trading so far from the EMA and it will come to retest its EMA levels.
RSI is below 15, Extremely oversold zone and it will bounce from here to higher levels.
Trail your stop loss to the entry price after getting a 1:1 risk reward.
Risk Reward = 1:2.5+
The overall trend is negative so don’t hope for a big up move.

Entry = 80.50

Stop Loss = 79.91

Target = 81.85

Please note: Look at RSI, it is extremely oversold so it will bounce to the upper levels. Don’t trade if it opens up a big gap up.

It may reverse from the upper trendline resistance.
Strong trendline resistance with previous price support & resistance levels.
If it opens GAP Up above the trendline, ignore this trade because it may run very fast toward higher levels as the breakout on charts.
RSI is looking very bearish and reverses from 50 levels.
Ris to Reward = 1:3
You can enter into this trade only if it starts trading below 413

Entry = 413

Stop Loss = 415.15

Target = 406.50

Please note: Ignore this trade if the stock opens above 415.50 but if it will go in our favor then you can hold this trade.

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