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Next Resistance Level for White Mountains Insurance (WTM) is $331.28

Written on Mon, 07/26/2010 - 11:57am
By Chip Brian

SmarTrend has detected shares of White Mountains Insurance (NYSE:WTM) have bullishly opened above the pivot of $329.07 today and have reached the first resistance level of $330.14.
We are watching for a cross of the next upside pivot targets of $331.28 and $333.49. Also, the shares are currently trading above the 50-day moving average of $327.61 and should find resistance at the 200-day moving average of $331.79.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of White Mountains Insurance on May 28, 2010 at $329.94. Since the call, the stock has risen 0.1%.

Keywords: white mountains insurance pivot points

Ticker(s): WTM

Contact Chip Brian



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