WW International, Inc. stock discussion
WW 🐱 🦁 ROARING KITTY 🐱 🦁 Bring a shoutout to WW, we’re bullish 💰 💵 💵WW bullish 🐂 🐂
WW seems the oprah news caused an overreaction and overshadowed 2 important points. An actual pivot: 1.) Sales growth is expected to grow in the next 12 month, an acceleration from this quarter(as opposed to drops in previous ones)
2.) return to end year subscriber growth. A first in 3 years!
besides, shouldn't they be celebrating that she's leaving? whenever she talks about the company it's share price drops. at least now it can have a fresh direction just in time with the pivot back to growth and literal BOTTOM.
WW golden cross- ma21 just hit ma50 (1hr chart) GLP 1 plans included (which was previously the reason for the decline now basically neutralized as a threat)
Website engagement up/app downloads (this month engagement jumped 20% as opposed to previous months)
Short squeeze potential (heavily shorted, 3x the daily volume?)
WW expanding megaphone pattern, accumulation funnel for over a decade
WW looks like it could experience a pullback up to ~$9.40 range if the buyers push it up to $8.33 where the pending buys are without a selloff.