When the Price of (WMS) Talks, People Listen

November 05, 2024, 06:14 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for WMS

• Buy WMS near 146.7 target 166 stop loss @ 146.28 Details

The technical summary data tells us to buy WMS near 146.7 with an upside target of 166. This data also tells us to set a stop loss @ 146.28 to protect against excessive loss in case the stock begins to move against the trade. 146.7 is the first level of support below 151.8 , and by rule, any test of support is a buy signal. In this case, support 146.7 would be being tested, so a buy signal would exist.

• Short WMS slightly under 166, target 146.7, stop loss @ 166.48 Details

The technical summary data is suggesting a short of WMS as it gets near 166 with a downside target of 146.7. We should have a stop loss in place at 166.48though. 166 is the first level of resistance above 151.8, and by rule, any test of resistance is a short signal. In this case, if resistance 166 is being tested, so a short signal would exist.

Swing Trading Plans for WMS

• Buy WMS slightly over 153.34, target 166, Stop Loss @ 152.9 Details

If 153.34 begins to break higher, the technical summary data tells us to buy WMS just slightly over 153.34, with an upside target of 166. The data also tells us to set a stop loss @ 152.9 in case the stock turns against the trade. 153.34 is the first level of resistance above 151.8, and by rule, any break above resistance is a buy signal. In this case, 153.34, 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 WMS slightly near 153.34, target 148.16, Stop Loss @ 153.78. Details

The technical summary data is suggesting a short of WMS if it tests 153.34 with a downside target of 148.16. We should have a stop loss in place at 153.78 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, 153.34, 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 WMS

• Buy WMS slightly over 153.34, target 154.13, Stop Loss @ 152.98 Details

If 153.34 begins to break higher, the technical summary data tells us to buy WMS just slightly over 153.34, with an upside target of 154.13. The data also tells us to set a stop loss @ 152.98 in case the stock turns against the trade. 153.34 is the first level of resistance above 151.8, and by rule, any break above resistance is a buy signal. In this case, 153.34, 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 WMS slightly near 153.34, target 150.82, Stop Loss @ 153.7. Details

The technical summary data is suggesting a short of WMS if it tests 153.34 with a downside target of 150.82. We should have a stop loss in place at 153.7 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, 153.34, 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 Advanced Drainage Systems Inc. (WMS) available here: WMS.

WMS Ratings for November 05:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	146.7
P2	150.82	148.16	166
P3	154.13	153.34	186.09

AI Generated Signals for WMS

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Advanced Drainage Systems Inc. (NYSE: WMS) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for WMS can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.