One To Watch World Wrestling Entertainment, Inc. (wwe)

Discussion in 'Investment Charts' started by longtermbull, Jun 29, 2017.

  1. Chartman

    Chartman Senior Investor

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    Did the shares simply bounce back from an over sold position? Looks like some have taken the opportunity to bail out in the short term. Any further bounce in the short term might hold a little better if some of the loose sellers have been flushed out.
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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    Seems as though sellers are taking advantage of any strength in the share price to bail out - why?
     
  3. Buyonthedips

    Buyonthedips Senior Investor

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    That was a short lived rally! The share price would appear to have crashed through the latest support level and the downtrend has been resumed. What next?
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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  5. longtermbull

    longtermbull Administrator Staff Member

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    A sharp jump with the next resistance at just under $80 - after that, a return to previous highs?
     
  6. gowiththeflow

    gowiththeflow Senior Investor

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    While the figures were a little disappointing I was surprised to see this fall back so far - looked set for another bull run.
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    Has this one become tied up in the Far East and trade war with the US? I have always thought this would make a very tasty morsel for a large media company.
     
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