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Waste Management Stock Is Extended and Could Correct Lower

Waste Management Stock Is Extended and Could Correct Lower

Here's what Jim Cramer had to say about Waste Management Inc. during the Mad Money Lightning Round Wednesday night, "I think that's a terrific buy right here." Let's check the charts and indicators before diving in. In the daily bar chart of WM, below, we can see that prices have rallied "straight up" from late December with only minor dips or corrections. Prices are above the rising 50-day moving average line and the bullish 200-day line.