Chartimistic

WW - Good Support Confluence

Long
NASDAQ:WW   WW International, Inc.
Weight Watchers has pulled back recently where it seems to have found support along a previous resistance level, the 50-day EMA line, & the VPVR heavy volume bars. The RSI indicator is above 50 & WW has shown some relative strength the last month or so.

I am focusing on the first two price targets noted on the chart. We'll see if it ends up having enough to get that third level. Assuming the bullish structure of this chart plays out, of course.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.