WM - Cleaning Up The Garbage

XLI is a sector that has recently broken out, looking within that sector, WM seems to be showing some bullish potential. The stock is trying to successfully bounce off a test of the 200-day EMA line. Any continued strength will push the price back above the 10-day EMA line. The stock is also exiting an oversold condition.

I am targeting the $115 & the $120 price levels as they are the 100% & 161.8% Fibonacci Extension levels.