World Wrestling Entertainment Stock HaltedThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is currently in a strong uptrend but finding it difficult to break through $90 which is acting as a strong round number.
Conclusion: We will look for more long opportunities if price can break through $90.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
WWE
The run is doneLarge TV deals are on the way but there will be negotiation, no one wants to overpay for the wrestling audience
How much more good news can come out?
Stock price risk of a move towards the averages, could be a smackdown
Wells Fargo analyst raises price target to $75, another sign to get away
$WWE Big Mover on 5x Avg Volume$WWE big breakout today up almost 13% on 5x normal volume. Expecting another leg up in the near term (could see a minor retracement first).
Possibly another 10-15% from today's close - target mid-60s.
World Wrestling Entertainment Inc | $WWE | BUYEntry Buy Signal at $50.40
Sell at $51.30
Profits $4.913
WWE - Upward channel breakout short from $36.77 to $29.33WWE seems breaking down from an upward channel formation along with strong Twiggs money flow divergence. It also seems a downward momentum short setup. We think it has good chance to continue downward.
To trade this we would consider $32 July puts @ 1.17
* Trade Criteria *
Date First Found- March 13, 2018
Pattern/Why- Upward channel breakout Momentum short. Inverse fallen angel formation
Entry Criteria- Break below $36.77 (Hit March 19, 2018)
Exit Criteria- 1st Target $32.26, 2nd Target $29.33
Stop Loss Criteria- $39.31
Indicator Notes- Twiggs money flow divergence
Special Note- Could consider $32 July puts @ 1.17
Please check back for Trade updates. (Note: Trade update is little delayed here.)
$WWE Alert @ $14.61. Looking for possible gap fill. $WWE
Alert @ $14.61. (using the new Tradingview.com alerts) - (Take that TC2000!)
Possible gap fill if we can push through with volume. (Swing trade, Longer term hold)
WWE is Now at a CrossroadsFor detailed commentary and analysis, see our blog post published 9/15/14: www.syncubate.com
WWE is now up over $3 a share since we initially looked at it in early July. The $16 level is resistance overhead that the bulls may struggle to overcome moving forward.
Historically, the $16 level has been resistance going back to the Summer of 2010.
See our blog for more in depth analyses on stocks and trading: www.syncubate.com
WWE: Reigns AgainFor detailed commentary and analysis, please see our blog post published 8/5/14: www.syncubate.com
In trading last week, WWE finally pushed through $13 and closed decisively above it on Monday, finishing at $13.42, despite the recent stock market downturn.
The two month long consolidation which we identified in previous analyses has supported the bulls as a foundation in their move to push the stock higher.
