NYSE:WTW   WEIGHT WATCHERS INTL INC NEW
20 6 0
Shorting weight watchers
* Poor earnings report
* nearly bounced to original dropoff point
* prior hype to dropoff point was drummed up by a study paid for by weight watchers international.
Price target: $7.40
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Nearly 50% short interest now.
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let me diseagree with you.
this stock is in uptrend with resistance at 16$ and a support at 10.4$.
that is the trend range . on monday the stock will probably try to break 16$ again.
I am not seeing this stock under 10$ at short term.
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GMOTruths jofansiwork
On what time frame do you see an uptrend? Not the daily candles, as shown here. And the 50 crossed the 100.

Can you explain more what you see?
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snapshot


in time Frame 30 and stochastic-RSI . there is now a pull back and the stochastic is at the lower Point.

i entered at 13.8$ and will Exit at 16$ stop loss at 12.9$.
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GMOTruths jofansiwork
While it is true that price surged on that day, that is one day on a larger time frame.

You are commenting on daily candles chart going back to mid 2015-08 on a company with a recent big earnings miss.

Thank you.
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