(WTM) Proactive Strategies

December 21, 2024, 15:12 pm ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for WTM

• Buy WTM near 1894.6 target 2005.67 stop loss @ 1889.13 Details

The technical summary data tells us to buy WTM near 1894.6 with an upside target of 2005.67. This data also tells us to set a stop loss @ 1889.13 to protect against excessive loss in case the stock begins to move against the trade. 1894.6 is the first level of support below 1930.9 , and by rule, any test of support is a buy signal. In this case, support 1894.6 is being tested, a buy signal would exist.

• Short WTM slightly under 2005.67, target 1894.6, stop loss @ 2011.46 Details

The technical summary data is suggesting a short of WTM as it gets near 2005.67 with a downside target of 1894.6. We should have a stop loss in place at 2011.46though. 2005.67 is the first level of resistance above 1930.9, and by rule, any test of resistance is a short signal. In this case, if resistance 2005.67 is being tested, a short signal would exist.

Swing Trading Plans for WTM

• Buy WTM slightly over 2005.67, target n/a, Stop Loss @ 1999.88 Details

If 2005.67 begins to break higher, the technical summary data tells us to buy WTM just slightly over 2005.67, with an upside target of n/a. The data also tells us to set a stop loss @ 1999.88 in case the stock turns against the trade. 2005.67 is the first level of resistance above 1930.9, and by rule, any break above resistance is a buy signal. In this case, 2005.67, 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 WTM slightly near 2005.67, target 1928.36, Stop Loss @ 2011.46. Details

The technical summary data is suggesting a short of WTM if it tests 2005.67 with a downside target of 1928.36. We should have a stop loss in place at 2011.46 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, 2005.67, 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 WTM

• Buy WTM slightly over 2005.67, target n/a, Stop Loss @ 2000.99 Details

If 2005.67 begins to break higher, the technical summary data tells us to buy WTM just slightly over 2005.67, with an upside target of n/a. The data also tells us to set a stop loss @ 2000.99 in case the stock turns against the trade. 2005.67 is the first level of resistance above 1930.9, and by rule, any break above resistance is a buy signal. In this case, 2005.67, 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 WTM slightly near 2005.67, target 1928.36, Stop Loss @ 2010.35. Details

The technical summary data is suggesting a short of WTM if it tests 2005.67 with a downside target of 1928.36. We should have a stop loss in place at 2010.35 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, 2005.67, 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 White Mountains Insurance Group Ltd. (WTM) available here: WTM.

WTM Ratings for December 21:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	1788.46
P2	1878.49	1880.97	1894.6
P3	1913.17	1928.36	2005.67

AI Generated Signals for WTM

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Don't over think it!  Trading White Mountains Insurance Group Ltd. (NYSE: WTM) or any other stock can be rewarding if the simple rules of technical analysis are observed before making any decisions.  This should be an integral part of the investment process.

Warning:

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

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if WTM 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 WTM too.  All of these are offered below the Summary Table.