Long

WWE, Time To Buy?

Hello fellow traders and investors, here's another trade idea.
WWE has recently pulled back to the SMA200. If WWE makes a full recovery it offers a little bit over a 15% ROI.

Technicals:
The Macd indicates that WWE is oversold
The Macd indicates that WWE is reversing
The Ema's indicate that WWE is reversing

When To Buy:
WWE is a good buy at this moment since it has met all my criteria. As you all know tech stock prices have been booming in this pandemic however the growth will start to shift towards recovery stocks like WWE.

When To Sell:
I recommend selling at around 57.30 which offers a 15% ROI from its current price.

I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like and follow, Thanks.
Chart PatternsTechnical IndicatorsTrend Analysis

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