Progressive Waste Solutions is in the garbage biz. Not sure what caused the big plunge lately, but the markets sure are unhappy.
In the embedded image, I have applied the Gartley construct to the daily chart. Note what happened as point D approached in time. Price had deviated from the parallelogram. But, in a blinding flash, price suddenly corrected pulling price down towards the paralleogram as point D arrived.
I will leave it to you to ponder this event.
Humbling, I say…..