Weight Watchers $WTW saw shares 4x in 2017 after a strong marketing campaign involving Oprah and DJ Khaled. It has stalled after tagging $50 per share, but price action on the daily chart is maintaining the bullish bias. WTW Daily Chart(click to enlarge)Consolidation:- Price action turned from bullish to sideways after price came up to almost $50. - Now, price action has been sideways, BUT the daily RSI has held above 40. - Price is also still above the 200-day SMA, a sign of a bullish market. - The 1/2 session saw price rebound from 45, which is the middle of the range. - The fact that price is failing to push back to 40 suggests bullish bias and prospect of a bullish breakout soon.- For these reasons, I believe WTW is still bullish in Q1.