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This has to be one of the least played/known reopen trade. i) WWE Network has grown/evolved/carried them through COVID. ii) Add back live events and this is an easy double. Good luck.
WWE Seems to have found support on this trendline and around the red 20EMA. There is a weak pennant forming as well. Would be a good time to enter with a stop loss a little under the trendline.
In the name of The Big Dog, The Tribal Chief, The Head of the Table, I have longed the World Wrestling Federation stock with an average entry of $51.90. This despite complaining about $WWE's programming damn near daily and being team AEW. Will double my position if they make Buddy Murphy Intercontinental Champion and invest my entire portfolio if Buddy Murphy...
Hello fellow traders and investors, here's another trade idea. WWE has recently pulled back to the SMA200. If WWE makes a full recovery it offers a little bit over a 15% ROI. Technicals: The Macd indicates that WWE is oversold The Macd indicates that WWE is reversing The Ema's indicate that WWE is reversing When To Buy: WWE is a good buy at this moment since it...
Mean Reversion Trade
was oversold today and looks a good stock to be hold for a few days more if reverses
World Wrestling Entertainment (WWE) posted Q4 and full-year 2020 results yesterday, and for the sports entertainment giant, it was the best of times and the worst of times. While WWE posted record full-year results, its Q4 earnings report was less than stellar. In the fourth quarter, WWE posted revenue of $238.2 million vs. $245.2 million, and adjusted earnings of...
NYSE:WWE formed a 4+ month rectangle chart pattern closing below support today and thursday. Took a shot at the short side with a stop on a daily close above the red dotted line. I posted about this rectangle pattern forming back on August 22nd here
NYSE:WWE been trading sideways for 4 months forming a 4 month rectangle chart pattern. A daily close below $41 support level will confirm the breakdown and a run to chart pattern price target.
This price move could indicate a change in the trend, and may be a buy signal for investors. I found 42 similar cases, and 37 were successful. Based on this data, the odds of success are 88%.
I feel like anyone who's watched wrestling at any point prior to now would agree that it's far from what it once was. The glory days of Hulkamania and Jabronies and Basic Thuganomics are no more. Maybe they can rekindle the desire to watch but with the internet being so honest about how fake it is, I'm not sure that will happen. Also, young people would rather...
GLHF, let me know what you think! Trade at your own risk.
Is this pump going to hold or are we going to 20s.
$WWE has been crushed over the past year with the stock down 55% from its highs. We believe at current levels, $WWE presents a turnaround opportunity and one which we see as a bet on CEO Vince McMahon. The man is a known fighter and we believe he can right the ship. While the stock sold off on a revenue miss and a management shakeup, all news wasn't all...
First buy signal came when the RSI went oversold in early November (if aggressive take an initial position of 10% of what you are willing to invest) Second buy signal came mid November when MACD had a buy signal (if aggressive take a second position 25% what you are willing to invest) Third buy signal came last week when moving averages signalled a buy -...
Needs to reclaim $70.84 or they are getting taken down.