WW LONGOn 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
WTW trade ideas
Weight watchers getting ready to fly ! 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.
WW: back on watchNice earnings push. Now not giving anything back despite general market weakness. Regained daily 200MA and weekly 30MA flattens out. At 0 level for Mansfield RS. Overall, WW is back on my watchlist, if general market continues to be weak or corrects it most likely will take WW down too. Watching.
$WW Swing Idea $WW : Weekly Chart is setting up for higher prices
Daily Chart: Possible gap fill at $29.59. Earnings around the corner.
Weightwatchers gains a few $$$$$ on upgrade.Having dropped over 75% in one year, today NASDAQ:WW found some relief as a bearish analysts backed down somewhat as JP Morgan upgraded its investment rating on Weight Watchers (to neutral from underweight and raised its price target on the stock to $22 from $17, sending the stock more than 7% higher.
"We believe that steps taken to redirect the marketing message to dieting have worked to stabilize recruitment trends," JPMorgan analysts wrote in a note to clients.
The health and wellness company saw its stock tumble nearly 30% on Feb. 26 after its fourth-quarter results and guidance fell short of Wall Street’s expectations, prompting downgrades from a slew of analysts. The stock had already been falling badly from a 52-week high of $96.47 reached in July 2018. It bottomed at $16.71 on May 31 and is 42% since.
Technically the stock is on the verge of a breakout and if successful there is a gap above with practically no price resistance offering up a 20% move for the bulls.
AVERAGE ANALYSTS PRICE TARGET $22
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 9.7
SHORT INTEREST 14%
COMPANY PROFILE
Weight Watchers International, Inc. engages in the provision of weight management services. It operates through the following geographical segments: North America, United Kingdom, Continental Europe and Other. The North America segment consists of United States and Canada Company-owned operations. The United Kingdom segment includes United Kingdom Company-owned operations. The Continental Europe segment comprises of Germany, Switzerland, France, Spain, Belgium, Netherlands, and Sweden Company-owned operations. The others segment offers Australia, New Zealand, Mexico, and Brazil Company-owned operations, as well as revenues and costs from franchises in the United States. The company was founded by Jean Nidetch in 1963 and is headquartered in New York, NY.
"I LOVE BREAD"bullish break likely. will be bullish volatility. not a bad idea to buy a call or do a call calendar
$WW Lose a few $$$$$ or lose a few ££££££, in Weight Watchers Expectations are so low for Weight watchers and negativity is at a all time high,so it may just be the perfect conditions for a nice pop in earnings. Any good news what so ever will have a very positive effect on investor sentiment. This is a risky long but placing our stop lose on support offers a good RR on the trade. If the trade would happen to go against us the next support levels are $17 and just below $10 so a quick switch to a short offers a healthy reward also.
