(WTW) Trading Advice

February 13, 2024, 22:04 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for WTW

• Buy WTW slightly over 256.23 target n/a stop loss @ 255.49. Details

The technical summary data tells us to buy WTW near 256.23, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 255.49 to protect against excessive loss in case the stock begins to move against the trade. 256.23 is the first level of support below 270.86, and by rule, any test of support is a buy signal. In this case, if support 256.23 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for WTW

• Buy WTW slightly over 270.88, target 281.59, Stop Loss @ 270.1 Details

If 270.88 begins to break higher, the technical summary data tells us to buy WTW just slightly over 270.88, with an upside target of 281.59. The data also tells us to set a stop loss @ 270.1 in case the stock turns against the trade. 270.88 is the first level of resistance above 270.86, and by rule, any break above resistance is a buy signal. In this case, 270.88, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short WTW slightly near 270.88, target 256.23, Stop Loss @ 271.66. Details

The technical summary data is suggesting a short of WTW if it tests 270.88 with a downside target of 256.23. We should have a stop loss in place at 271.66 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 270.88, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for WTW

• Buy WTW slightly over 270.88, target 272.12, Stop Loss @ 270.25 Details

If 270.88 begins to break higher, the technical summary data tells us to buy WTW just slightly over 270.88, with an upside target of 272.12. The data also tells us to set a stop loss @ 270.25 in case the stock turns against the trade. 270.88 is the first level of resistance above 270.86, and by rule, any break above resistance is a buy signal. In this case, 270.88, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short WTW slightly near 270.88, target 269.71, Stop Loss @ 271.51. Details

The technical summary data is suggesting a short of WTW if it tests 270.88 with a downside target of 269.71. We should have a stop loss in place at 271.51 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 270.88, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Willis Towers Watson Public Limited Company (WTW) available here: WTW.

WTW Ratings for February 13:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	218.42
P2	269.71	270.88	237.49
P3	272.12	281.59	256.23

AI Generated Signals for WTW

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Willis Towers Watson Public Limited Company (NYSE: WTW) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for WTW change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if WTW is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for WTW too.  All of these are offered below the Summary Table.