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Analysis: #NYSE $WWE

Case 151 #World_Wrestling_Entertainment, Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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#WWE 1/3
Chart 1
Weekly Chart: #Bearish in the short and long term and expecting further losses towards 30.90 - 29.50. To the upside #resistances are firm with the #Fib. 0.618 at 44.44 and #SMA 200 at 46.78 and further above 50.96 broken trendline #support.

WWE 2/3
Chart 2
Daily Chart : An unfilled gap (60.08 - 51.33) exists with #trendline resistance at 64.65. The main SMAs are bearish.

The #Strategy is printed on the image.

$WWE 3/3
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