NYSE:WTW   WEIGHT WATCHERS INTL INC NEW
wtw
57 0 4
wtw
Weight Watchers has been a wild ride for a few months, however recently the addition of Oprah to their team, and their first positive ER in years, might be enough to turn this company around and bring it back for round two.

The most recent ER came out beating yet stock the next day plunged, in the long term though, all that seems to have done is confirm a trend.

I believe we'll see this cruise back to the $14-$15 range by the end of the month, then possibly testing the trend once more in June - July, into the next ER which now many will expect to be positive.

WTW's projections for 2016 are looking good and Oprah plans to only expand her role in the company even more.

Though I typically would not be interested in investing in a company such as WTW             , I believe there is money to be made here.
Comment: So far so good, but we're really going to see it test this support in the final day of this week (tomorrow/Friday 6/16/16). If it holds here, I believe this will stay up in the $14.50-$16.00 range until it breaks through the ceiling Pre/Post-ER.

If it falls through though, we could see it take another whole support level step down to $12.00

I'll be waiting for that confirmation either way before I decide to add more.
Trade active: Added at $12 and price is currently $18.50
Still holding.
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