Learn to Evaluate (WCC) using the Charts

March 26, 2024, 18:18 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for WCC

• Buy WCC slightly over 165.44 target 186.05 stop loss @ 164.96 Details

The technical summary data tells us to buy WCC near 165.44 with an upside target of 186.05. This data also tells us to set a stop loss @ 164.96 to protect against excessive loss in case the stock begins to move against the trade. 165.44 is the first level of support below 168.47 , and by rule, any test of support is a buy signal. In this case, support 165.44 is being tested, a buy signal would exist.

• Short WCC slightly under 186.05, target 165.44, stop loss @ 186.59 Details

The technical summary data is suggesting a short of WCC as it gets near 186.05 with a downside target of 165.44. We should have a stop loss in place at 186.59though. 186.05 is the first level of resistance above 168.47, and by rule, any test of resistance is a short signal. In this case, if resistance 186.05 is being tested, a short signal would exist.

Swing Trading Plans for WCC

• Buy WCC slightly over 172.53, target 186.05, Stop Loss @ 172.03 Details

If 172.53 begins to break higher, the technical summary data tells us to buy WCC just slightly over 172.53, with an upside target of 186.05. The data also tells us to set a stop loss @ 172.03 in case the stock turns against the trade. 172.53 is the first level of resistance above 168.47, and by rule, any break above resistance is a buy signal. In this case, 172.53, 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 WCC slightly near 172.53, target 168.39, Stop Loss @ 173.03. Details

The technical summary data is suggesting a short of WCC if it tests 172.53 with a downside target of 168.39. We should have a stop loss in place at 173.03 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, 172.53, 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 WCC

• Buy WCC slightly over 168.51, target 171.44, Stop Loss @ 168.12 Details

If 168.51 begins to break higher, the technical summary data tells us to buy WCC just slightly over 168.51, with an upside target of 171.44. The data also tells us to set a stop loss @ 168.12 in case the stock turns against the trade. 168.51 is the first level of resistance above 168.47, and by rule, any break above resistance is a buy signal. In this case, 168.51, 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 WCC slightly near 168.51, target 165.44, Stop Loss @ 168.9. Details

The technical summary data is suggesting a short of WCC if it tests 168.51 with a downside target of 165.44. We should have a stop loss in place at 168.9 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, 168.51, 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  Wesco International Inc. (WCC) available here: WCC.

WCC Ratings for March 26:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	144.8
P2	168.51	168.39	165.44
P3	171.44	172.53	186.05

AI Generated Signals for WCC

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Wesco International Inc. (NYSE: WCC) report below can help you understand how to do this. The trading plans for WCC, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.