Wtw - Weight Watchers

Discussion in 'Investment Charts' started by longtermbull, Mar 22, 2017.

  1. gowiththeflow

    gowiththeflow Senior Investor

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    Interesting that despite recent market volatility the shares have remained fairly steady at around the $29-$30 mark. I also expect a significant jump once all of the sellers have been taken out.
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    Watch this space - many investors have been burned so they will be reluctant to jump in. One swallow doesnt make a summer but if there is more good news this share could see a serious bounce.
     
  3. gowiththeflow

    gowiththeflow Senior Investor

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    Still treading water until all of the stale bulls have been mopped up - I see more upside potential that downside. Encouraging to see the shares have not fallen back after the recent run.
     
  4. Buyonthedips

    Buyonthedips Senior Investor

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    And we have liftoff! There does seem to be momentum behind Weight Watchers now and the shares could be worth a look. Forget the fact you could have bought them at $17 earlier in the year, consider the price now and the future prospects.
     
  5. gowiththeflow

    gowiththeflow Senior Investor

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    We might see a bit of consolidation but I think the bulls have got this one by the horns now!
     
  6. longtermbull

    longtermbull Administrator Staff Member

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    This one is worth keeping an eye on as I think there is a lot more to come - might pull back a little before it has a go at the next resistance.
     
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