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WTM Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending WTM on June 26, 2024, netting in a 5.82% gain over 6 days

A.I.dvisor
at Tickeron.com
06/27/24
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+5.82% Gain from a Successful pattern Broadening Wedge Ascending
WTM - White Mountains Insurance Group Ltd
Ticker: WTM
Company: White Mountains Insurance Group
Gain from shortening: +5.82%
Confirmed: 06/26/24
Succeeded: 06/26/24
Total length: 6 days
On June 20, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for White Mountains Insurance Group Ltd (WTM, $1842.76). 6 days later, on June 26, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On June 26, 2024, the stock hit the target price of $1710.71 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a provider pf property and casualty insurance services

Industry PropertyCasualtyInsurance

Profile
Fundamentals
Details
Industry
Property Or Casualty Insurance
Address
23 South Main Street
Phone
+1 603 640-2200
Employees
782
Web
https://www.whitemountains.com