When (MMC) Moves Investors should Listen
December 01, 2024, 08:12 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MMC
- Buy MMC near 229.52 target 237.1 stop loss @ 228.86 Details
The technical summary data tells us to buy MMC near 229.52 with an upside target of 237.1. This data also tells us to set a stop loss @ 228.86 to protect against excessive loss in case the stock begins to move against the trade. 229.52 is the first level of support below 233.23 , and by rule, any test of support is a buy signal. In this case, support 229.52 is being tested, a buy signal would exist.
- Short MMC slightly under 237.1, target 229.52, stop loss @ 237.78 Details
The technical summary data is suggesting a short of MMC as it gets near 237.1 with a downside target of 229.52. We should have a stop loss in place at 237.78though. 237.1 is the first level of resistance above 233.23, and by rule, any test of resistance is a short signal. In this case, if resistance 237.1 is being tested, a short signal would exist.
Swing Trading Plans for MMC
- Buy MMC slightly over 234.98, target 237.1, Stop Loss @ 234.3 Details
If 234.98 begins to break higher, the technical summary data tells us to buy MMC just slightly over 234.98, with an upside target of 237.1. The data also tells us to set a stop loss @ 234.3 in case the stock turns against the trade. 234.98 is the first level of resistance above 233.23, and by rule, any break above resistance is a buy signal. In this case, 234.98, 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 MMC slightly near 234.98, target 229.52, Stop Loss @ 235.66. Details
The technical summary data is suggesting a short of MMC if it tests 234.98 with a downside target of 229.52. We should have a stop loss in place at 235.66 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, 234.98, 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 MMC
- Buy MMC slightly over 234.37, target 234.98, Stop Loss @ 233.82 Details
If 234.37 begins to break higher, the technical summary data tells us to buy MMC just slightly over 234.37, with an upside target of 234.98. The data also tells us to set a stop loss @ 233.82 in case the stock turns against the trade. 234.37 is the first level of resistance above 233.23, and by rule, any break above resistance is a buy signal. In this case, 234.37, 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 MMC slightly near 234.37, target 229.52, Stop Loss @ 234.92. Details
The technical summary data is suggesting a short of MMC if it tests 234.37 with a downside target of 229.52. We should have a stop loss in place at 234.92 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, 234.37, 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 Marsh & Mclennan Companies Inc. (MMC) available here: MMC.
MMC Ratings for December 01:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
222.22 |
| P2 |
234.37 |
228.3 |
229.52 |
| P3 |
236.51 |
234.98 |
237.1 |
AI Generated Signals for MMC
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Marsh & Mclennan Companies Inc. (NYSE: MMC) report below is a real world example. Included are trading plans for MMC, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for MMC:
pool ads
