WW trade ideas
LONG WW- Watch EWO go above yellow (4 wave)
- Watch SPEED FIB RESISTANCE
- Stop 24
- Target 35
- Possible Entry 27+
WW Weekly - Looking for consolidation Weight Watchers has previously based around the lows for a year or so. Let's see if this can happen, especially if drops again.
$WW Trade IdeaNASDAQ:WW
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.
WW INTERNATIONAL Title DailyHello 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). And several highs following to passed, the first of which is a significant resistance on the TIMEFRAME H1 only if the buyers are still there.
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#swing #tradeidea Long over 26. Value + growth top pick!Currently trading at 2.4x EV/Sales
8.5x EV/EBIDTA
$WW Weight Watchers Technical Analysis 2020-2025Technical Analysis & Trade Idea $WW WW
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Entry: $31.6
Stop-Loss: $28.97
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.
DotcomJack
Weight Watchers ShortWW now selling off after earnings results, key D. 200 & 50 MAs are very bearish now. Loving a short idea at a break of this yellow trendline.
(Opinion only, not financial advice)
WW, price may climb as it breaks lower Bollinger Band on Oct 28This 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 the support line at $21.94 and is trading between $21.94 support and $21.01 support lines. Throughout the month of 09/28/20 - 10/28/20, the price experienced a +19% Uptrend, while the week of 10/21/20 - 10/28/20 shows a -8% Downtrend.
Bullish Trend Analysis
The Stochastic Indicator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The 10-day Moving Average for WW crossed bullishly above the 50-day moving average on October 14, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 13 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.
Following a +5.97% 3-day Advance, the price is estimated to grow further. Considering data from situations where WW advanced for three days, in 255 of 311 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
WW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 160 of 184 cases where WW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
WW finally Moving out of Consolidation PatternPosted about the setup taking place back in July and again in august. Stock closed below neckline Friday and lost over 8% today.
WW #Head&Shoulders Top #DescendingTraingle #ChartPatternNASDAQ:WW continue to look week forming 2 chart patterns that could complete to the downside in the coming days.
WW International - Short idea.This is an idea. technical looks weak. Remember my opinion can change day to day based on price action. Thanks.
WW #Head&Shoulders Top Forming on DailyClean 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.
WW is looking to break out with a target of $26+Got a strong signal on WW a few days ago. Let's see if we hit it today.
WW Hitting .618 Fib level and trend line resistanceWW 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.
WW – Weight Watchers Bullish Confirmation & Earnings PlayWatching 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 equal risk reward or better, so I will wait.
Chart Details
Bullish EMA Cross and Bullish 10WeekMA price cross.
White trendline is intact.
Gap fill up to $60 with upcoming earnings.
1.618 Fib Level is perfect with gap fill. Not coincidence IMO.
News – Oprah is going on Tour in 2020 for Weight Watchers. www.weightwatchers.com
This could prove to be positive continuing catalyst. Oprah has massive following and was the last catalyst for WW.
Need to watch for more data after gap fill.
Not currently in this trade. I will update if alert hits, trade is entered, or better options entry presents.
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WW LONG BEYOND TECH OPRAH & 1ST LADY (MO) ARE ALL INAs 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.
WW - Good Support ConfluenceWeight 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 that third level. Assuming the bullish structure of this chart plays out, of course.
Weight Watchers about to gain some weight :DAlright, 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 that will be the main reason why this would go up. Today volume came in on that big drop and you can see it if you zoom into the 1hr chart, trade this on the weekly just look at the volume for reference on the 1hr. Could it drop a little further? Possibly, but i'd trade this by buying it here and buying more on the way to $27 if it were to continue dropping. The RSI is centered out and the MACD seems to have a way to go so the stock has momentum for what I believe might be 2 big moves to $45 and $65. Let me know what you guys think and feel free to post your ideas!
