trademan1
Long

Weight Watchers Bullish Divergence Gap Up

NYSE:WTW   WEIGHT WATCHERS INTL INC NEW
The chart shows a recent gap up with a bullish engulfing pattern. The MACD indicates bullish divergence with higher lows while the chart was making lower lows. Additionally, the chart gapped up over the 50 day moving average and has a lot of room to run.
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