We need more volume at current prices. I have a long position heading into NY resolution season, but because there's barely any volume accumulation in the 26-29 range, if signs of weakness show, could possibly fall back down to $25.
Hello traders, WW INTERNATIONAL is in a bullish dynamic with a low volume of purchases made and traces of buyers on the candle. On the TIMEFRAME M1 we observed a dash with a large purchase volume at the end and in the minutes before it tested the balance zone. There's a good chance she'll breakout to arrive in a new one to get to her next high (See TIMEFRAME H4)....
Technical Analysis & Trade Idea $WW WW
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Short-term Target: $39.97
Easy Loot Target: $50.37
Long-term Target: $76.97
Simple trade idea, do not trade. Only looking for bullish move after breakout and confirmation.
This price move could be a signal that WW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. Tickeron A.I.dvisor backtested 36 similar cases where WW's price broke its lower Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 89%. Current price $21.62 crossed...
WW Hitting .618 Fib level (47.86) and top trend line resistance. No catalyst until earnings Feb 24, I would wait for $47 and then go short. If it closes above $47.86 , go long. Short Int is 10% (Finviz) , nothing major. Seasonality for January is weak.
Watching WW for pullback below $42 to enter or waiting until March weekly options populate.
Earnings are Feb. 25. Current Weekly options stop at Feb. 21.
My opinion –
1. Buy shares on a pullback below $42 holding until earnings.
2. Wait for Weekly options to populate in a week or two.
3. Use shorter expiry options. I cannot find anything with...
As with every New Year people want to lose weight Weight Watchers has another new program and Oprah just signed a five year deal with them. In addition Michelle Obama through her hat in also. WW new plan is simple and user friendly.