Weight Watchers (WTW) is ready to splurge
Stock: Weight Watchers (WTW)
Long or Short: Long
Entry: $41.75
Stop-Loss: $40.67
Chart: Rockwell Automation (ROK) Daily Swing Trade Setup
Reason for Trade: A lot of accumulation at the lows here in WTW. If it can Clear $42.50, we will be off to the races, and likely run to $45, with an ultimate target of $50
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In today's episode, Ryan answers the questions of one listener ranging from his transition from paper trading to live trading, and swing trading to day trading. Also addressed is his approach to trading, specifically Fibonacci retracement levels and why Ryan prefers Pivot Points instead.
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