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

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

  1. longtermbull

    longtermbull Administrator Staff Member

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    Dare I suggest that the shares have broken through on the upside? More to come?
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    There seems to be support around the $70 mark and resistance around the $79 mark, will the shares trade between this in the short term? What has happened to the company’s growth plans for China?
     
  3. Buyonthedips

    Buyonthedips Senior Investor

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    This one is certainly worth watching. I wonder if Donald Trump might pull a rabbit out of the hat in the shape of a Chinese trade agreement to offset his negative press comment?
     
  4. longtermbull

    longtermbull Administrator Staff Member

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    If you trade ranges then this one is near the bottom of its recent range. I think there is still a lot of potential for places such as China once the trade discussions have been sorted out. A buy on weakness and then tuck away.
     
  5. Chartman

    Chartman Senior Investor

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    Unfortunately it looks as though the slighty falling resistance level is pushing the price further and further down. Unless we see a decisive break above the resistance line it is difficult to see any short term upside.
     
  6. gowiththeflow

    gowiththeflow Senior Investor

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    The chart does not look good for this one! I would have thought the company's back libruary would have been worth a fair bit, aside from subscription fees and merchandise sales going forward.
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    I still think this one would make a great acquisition for a media company looking for content in the can. That is before we even begin to look at the value of the underlying business.
     
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