I’m currently considering on placing a position on WTW (Weigh Watcher’s International).
There’s a healthy pullback (fibo retracement of less than 0.618) on a strong uptrend. eSignal’s False Bar Stochastic indicator also shows a false bar (strong uptrend) stochastic cross below 25. Another indicator I like which is eSignal’s GET Bias Reversal is also showing a marker showing a possible reversal to the upside appearing the day before.
I’m warded in the hospital right now so I can probably share the chart tomorrow after I checkout (hopefully).
