Trading (WTM) With Integrated Risk Controls
December 29, 2023, 21:05 pm ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for WTM
- Buy WTM slightly over 1417.62 target 1510.64 stop loss @ 1413.53 Details
The technical summary data tells us to buy WTM near 1417.62 with an upside target of 1510.64. This data also tells us to set a stop loss @ 1413.53 to protect against excessive loss in case the stock begins to move against the trade. 1417.62 is the first level of support below 1505.01 , and by rule, any test of support is a buy signal. In this case, support 1417.62 would be being tested, so a buy signal would exist.
- Short WTM slightly under 1510.64, target 1417.62, stop loss @ 1515 Details
The technical summary data is suggesting a short of WTM as it gets near 1510.64 with a downside target of 1417.62. We should have a stop loss in place at 1515though. 1510.64 is the first level of resistance above 1505.01, and by rule, any test of resistance is a short signal. In this case, if resistance 1510.64 is being tested, so a short signal would exist.
Swing Trading Plans for WTM
- Buy WTM slightly over 1510.64, target 1608.78, Stop Loss @ 1506.28 Details
If 1510.64 begins to break higher, the technical summary data tells us to buy WTM just slightly over 1510.64, with an upside target of 1608.78. The data also tells us to set a stop loss @ 1506.28 in case the stock turns against the trade. 1510.64 is the first level of resistance above 1505.01, and by rule, any break above resistance is a buy signal. In this case, 1510.64, 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 1510.64, target 1489.24, Stop Loss @ 1515. Details
The technical summary data is suggesting a short of WTM if it tests 1510.64 with a downside target of 1489.24. We should have a stop loss in place at 1515 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, 1510.64, 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 1507.57, target 1510.64, Stop Loss @ 1504.05 Details
If 1507.57 begins to break higher, the technical summary data tells us to buy WTM just slightly over 1507.57, with an upside target of 1510.64. The data also tells us to set a stop loss @ 1504.05 in case the stock turns against the trade. 1507.57 is the first level of resistance above 1505.01, and by rule, any break above resistance is a buy signal. In this case, 1507.57, 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 1507.57, target 1489.24, Stop Loss @ 1511.09. Details
The technical summary data is suggesting a short of WTM if it tests 1507.57 with a downside target of 1489.24. We should have a stop loss in place at 1511.09 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, 1507.57, 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 29:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Neutral |
| P1 |
0 |
0 |
1417.62 |
| P2 |
1482.66 |
1444.77 |
1510.64 |
| P3 |
1507.57 |
1489.24 |
1608.78 |
AI Generated Signals for WTM
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for WTM:
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