Hanging onto the support lines by the skin of its teeth - will the shares bounce in the short term? Still think there is a lot to get excited about on a fundamental basis but the share price has weakened somewhat lately.
Looks like a short term pull back before another go at higher ground. What a share to trade, if you get your timing right!
Once all of the stale bulls are shaken out I think there is a lot more to go with this one. Seems that sellers appear at the slightest reason to take a profit. How long will they last?
Wonder if it is worth looking into WW options if the shares move towards the bottom of the recent trading range - always seem to bounce quite strongly.
It looks like competition is proving to be a problem for Weight Watchers but surely they are the best known name in the industry? A buy at current levels?
In hindsight this is a share price which seems to be dictated to by trend lines at the moment - falling through, bouncing off, the share price seems to have done everything by the book. Where next?
