Wtw - Weight Watchers

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

  1. Buyonthedips

    Buyonthedips Senior Investor

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    It looks to me as though Weight Watchers will hang around the current level until there is more visibility for the market and the company. However, any short-term sell-off could see the share price fall down to $10 again at which point it must be a strong buy?
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    This share price is very volatile and you get the impression that some "experts" are waiting for the company to fail. Surely it must be a great recovery play when we finally beat Covid-19?
     
  3. Chartman

    Chartman Senior Investor

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    We could see more wobbles in the short term so maybe hold your fire before piling in. Surely people will be looking to improve their fitness and lose weight once the virus is under control?
     
  4. Buyonthedips

    Buyonthedips Senior Investor

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    The price seems to be building up another head of steam - his share keeps on bouncing back time and time again. Surely this type of service will be in great demand after Covid-19 is under control? Not difficult to see how many people will have gained some serious weight in recent weeks. Time to lose it soon, what better way than WeightWatchers?
     
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