Posted about the setup taking place back in July and again in august. Stock closed below neckline Friday and lost over 8% today.
NASDAQ:WW continue to look week forming 2 chart patterns that could complete to the downside in the coming days.
This is an idea. technical looks weak. Remember my opinion can change day to day based on price action. Thanks.
Clean horizontal neck line with a target below $18 on NASDAQ:WW . Volume pattern not as weak as i would like but if the market remains weak, this provides a good short opportunity.
Got a strong signal on WW a few days ago. Let's see if we hit it today.
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. Trade Entry 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 NY NEW YEAR PEOPLE WANT TO LOSE WEIGHT, WW HAS A NEW EASY USER FRIENDLY PLAN. OPRAH JUST SIGNED ON FOR ANOTHER 5 YEARS (WHICH MOST DID NOT EVEN KNOW SHE WAS INVOLVED WITH THE COMPANY) MICHELLE OBAMA ALSO THROUGH HER HAT IN. THE STOCK HAS BEEN ON AN UPWARD TREND SINCE.
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.
Weight Watchers has pulled back recently where it seems to have found support along a previous resistance level, the 50-day EMA line, & the VPVR heavy volume bars. The RSI indicator is above 50 & WW has shown some relative strength the last month or so. I am focusing on the first two price targets noted on the chart. We'll see if it ends up having enough to get...
Alright, now that I got the corny title out of the way we can talk about why this stock will do well. This recent drop was huge and the trend is getting close to the 30 week moving average at around $27, it's been trading above the 30 week MA so at this point buying the pullbacks to the 30 week makes sense. The S&P 500 is trending up from the recent break out and...
$WW has been a roller coaster ride for investors. After dropping to as low as $16.71, the stock is back above $40. For the year, the stock is up only 4%. We think the stock is set to keep climbing judging from the chart and how investors reacted to its Q3 earnings report. While the stock gapped down, it has since closed the gap and is now trading higher. We...
On November 11 WW came out with a new FLEX Program - get FIT for the Holidays Common sense tells people are flocking to WW for this program. WW has a STRONG BUY on Market Watch and Tradingview.com
WW long term to break out of a channel with massive volume! EMA 200 has supported an uptrend channel. RSI traveling in a diagonal uptrend. The Ichimoku lagging span is out of the cloud over the price action.