$WWE has Green Dot signal, bounces off of support


WWE actually met two conditions for a bounce off of support. First, it found support at its lower 15.2 daily lower Bolinger Band and second, it had a green dot signal. Review my blog and glossary for definitions of these set-ups. In plain language, the stock, which is in an up-trend,  has just bounce off of support. If I buy such stocks I place my stop below the recent low  where it bounced (around 83.89 for WWE). Note the above average volume the past 3 up days when WWE found support.


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