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White Mountains Insurance (WTM) Crosses Pivot Point Resistance at $330.72

By Chip Brian

SmarTrend has detected shares of White Mountains Insurance (NYSE:WTM) have bullishly opened above the pivot of $329.31 today and have reached the first resistance level of $330.72.
We are watching for a cross of the next upside pivot targets of $333.26 and $337.21. Also, the shares are currently trading above the 50-day moving average of $328.64 and above the 200-day moving average of $330.68.
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 0.4%.

Keywords: white mountains insurance pivot points

Ticker(s): WTM