WTW
WTW bearish flag formation NASDAQ:WTW
Price is creating a bearish flag pattern. Will look for shorts on any break of support
BUY WTW on trendline bounce! Low 70s recovery ST and 90s LT!Passed trendline bounce. This stock is roaring higher in 1-3mo timeframe. Buy before earnings.
WTW - ShortOverbought with three gaps up on daily. It's time for profit taking.
*This information is to be used for educational purposes only.*
WTW could be starting the next run higherTrade signal occurred a couple weeks back but the stock has stayed in the area. Looks to be pushing up out of the entry area now. Had a pullback in a very strong stock. There was a false breakout out of the bottom of the consolidaiton and then rally above the consolidation high marking the entry. Reward: risk is greater than 3:1. Trailing stop loss can also be used--wait for a daily close below ATR Stop line, then place a stop loss a few cents below the low of that day. Exit day before earnings (in Nov.) if not out.
Going to the gym again... for now. Much like WTW, just because it's a new year. Otherwise, this is a short after the 1st month (or even first 2 weeks).
THREE COVERED CALL IDEAS: WTW, NVAX, AND FEYE(?)WTW: Buy at 10.56/share; sell Sept 16th 11 call; 9.27 debit at the mid; max profit $173/contract (18.7% ROC).
NVAX: Buy at 7.51/share; sell Sept 16th 8 call; 6.01 debit at the mid; max profit $198/contract (32.9% ROC). (I'm already in a similar NVAX trade .. ).
FEYE: Buy at 13.95/share; sell Sept 16th 14 call; 10.67 debit at the mid; max profit $333/contract (31.2% ROC). The reason why I put a question mark next to the FEYE is that it's still gyrating about post-earnings and the pricing on the short call is unlikely to be accurate (it will change at open). So this may not be nearly as sexy at NY open as it looks to be right now ... .
WTW FutureWeight Watchers has been a wild ride for a few months, however recently the addition of Oprah to their team, and their first positive ER in years, might be enough to turn this company around and bring it back for round two.
The most recent ER came out beating yet stock the next day plunged, in the long term though, all that seems to have done is confirm a trend.
I believe we'll see this cruise back to the $14-$15 range by the end of the month, then possibly testing the trend once more in June - July, into the next ER which now many will expect to be positive.
WTW's projections for 2016 are looking good and Oprah plans to only expand her role in the company even more.
Though I typically would not be interested in investing in a company such as WTW, I believe there is money to be made here.
WTW rollercoaster!We might be seeing a reversal in WTW here folks, let's hope throughout next week there are some profits to be made short-term.
WTW Potential ShortI have seen a steady underlying climb to WTW-0.35% since August and although Oprah caused there to be some dilution for a short time, I believe that the price has been recovering, and has recovered since then.
Within the next few days we could start to see a clearing from the past few bearish months as we re-approach the $15+ range.
Though nothing spectacular has been going on lately at WTW-0.35% , the addition of Oprah's business, and presumed added clientele will benefit the company throughout the next two years.
Let me know what you think, I'm a fairly new investor and I'd love some critique or pointers if you think of one!
Yellow line represents where I believe we may be seeing resistance.
