pool adsWolverine World Wide $WWW Trading Report
The Wolverine World Wide (NYSE: WWW) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for WWW, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Strong | Weak |
| P1 | 0 | 0 | 23.34 |
| P2 | 28.58 | 28.37 | 26.67 |
| P3 | 29.46 | 29.52 | 29.94 |
Support and Resistance Plot Chart for WWW
Long Term Trading Plans for WWW
October 23, 2019, 7:45 pm ET
The Technical Summary and Trading Plans for WWW help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this WWW Report.
WWW - (Long) Support Plan
The technical summary data tells us to buy WWW near 26.67 with an upside target of 29.94. This data also tells us to set a stop loss @ 26.41 to protect against excessive loss in case the stock begins to move against the trade. 26.67 is the first level of support below 29.49 , and by rule, any test of support is a buy signal. In this case, support 26.67 is being tested, a buy signal would exist.
WWW - (Short) Resistance Plan
The technical summary data is suggesting a short of WWW as it gets near 29.94 with a downside target of 26.67. We should have a stop loss in place at 30.2 though. 29.94 is the first level of resistance above 29.49, and by rule, any test of resistance is a short signal. In this case, if resistance 29.94 is being tested, a short signal would exist.
