Let's see if DAX stochastic closes below the threshold of a statistical correction.
This is my last post about Wish! i overanalyzed it i think... good luck to all! $10 within the next Q imo.
These lines makes no sense so do not take them seriously at all! This is an abstract painting!!! Runnnnnnnnnnnnn
Technicals ✓✓✓ (multiple divergences) Short ratio ✓✓ Upcoming changes in platform / CEO ✓✓ Retail psychology ✓✓ Institutions buying ✓✓ Lockdowns possibility after x-mas ✓ E-commerce growth - especially mobile ✓ If these are not enough for you in a $2.5b market cap with $1-1.2b in cash, around $2.5b in sales 0 debt and estimation from management to break even...
2 key points with huge volume Do you guys believe Wish is on about to be acquired? Anything below previous lows is an EXIT from the position for me.
1. The bomb does not fell twice in the same place, people must forget about Covid in their psyche, so a market crash is still out of question IMO. Everybody is waiting for it after all... 2. When ALL GLOBAL liquidity is gone then they pull the rug, hard cash is-becoming trash. 3. When 2 happens then the biggest BUY THE DIP trap in history happens 4. When 3 happens...
Everyone is still holding and remains bullish about wish future. As i see it now although i previously thought that the bottom was around $4.70 i expect a last gap down movement with an rsi and macd divergence. Upcoming results will be loaded with all the "bad" numbers so the the new CFO and management can show some improvement towards the next Qs. Retail is...
Feels like a bottom to me... i put my money where my mouth is
Funny it looks! but this one is going to explode... direction still a mystery... if the markets tank next week $4-5 is coming if not $8-9
Possible double bottom formation with an rsi divergence?
Imo the upcoming months till the EOY will be the most critical in Wish history as a stock. Key points 1. 12 months from IPO date (meaning towards EOY) we have a new lock up period for earlier stage investors, do you think they want to sell at 7s even if the company is sinking i think there must be a play first with so much retail eye on it as well. 2. Are all the...
I do not want to get into details about fundamentals etc we all saw wish quarterly results but with some much retail in this stock i was expecting a huge decline, the fact that retail investors all over the web are so pissed about wish and start panicking and exiting their positions is a + for me as i hold a long position. Now there are some interesting things i...
IMO we are running an irregular/expended abc correction after the meme frenzy with wish. In combination with real meme stocks crush what I see is a lot of forced liquidations and retail exiting their positions due to lack of capital ( most of them all leveraged). Take also into consideration the massive options expiration this week. Therefore I expect a massive...
What i like and i do not about Wish in the short-term 1. Insane volume vs market cap & free float 2. All retail has eyes on it 3. Upcoming correction in the markets? 4. 1 H&S taking place as we speak and one bigger one might take place couple of weeks from now 5. Weak hands needs to be shaken and if is there is a general market correction most of the retail on...
Nice cup and handle formation ready to explode. Target around $125-130
Hey everybody! i liked wish before it became a mainstream on the wallstreetbets forums and now i have some warning points i would like to share with you: 1. The company is doing insanely big volumes vs it's market cap & 2. All retail investors have an eye on it ( bad sign for me) 3. Possible distribution on the 5 and...
Tesla started the covid bull market and Tesla will end it. ***Do not take seriously my graphs and wave counts i have no skills to do that... this is just a gut feeling and an 100% naive count, i am not long nor short although everyone rushed to short now that Dr.Burry announced his short position, around 1 trillion market cap i will be willing to take my BIG...
Time,Time,Time Where are we in time? At the beginning of new digital era but at this time the masses are all in and in my lifetime i need to time the market so i can have the biggest % return of my time-money spent. Do not be greedy with your time, spend it wisely...