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vwapnation
Sep 10, 2021 3:52 AM

NO matter where you anchor vwap from  Short

ContextLogic Inc.NASDAQ

Description

no matter which way you anchor it seems bearish continuation in the absence of a catalyst from an Avwap perspective
Comments
A10Equity
expect the chart isnt bearish at all
vwapnation
@A10Equity, show your bull thesis then please ?
A10Equity
@vwapnation, if you click on my profile and scroll to my WiSH analysis it's been on here for weeks and still has not been invalidated lol
vwapnation
@A10Equity, not saying it is or it isn't. You got a lot of Vwaps overhead to get through it's just holding that 6.78 area prior resistance has not confirmed it as new support. You have stops overhead at 7.83 , 8.92, 10.62 area and so on as starndard resistance to 31.50 plus the Vwaps 8.14 will be your first target on those for a long PT. Sure when it starts making that move that it might be your long term target but you are making all those stops along the way.. Depends on what your trading time frame is and what position you are looking to take and manage and actively trade around. When it flips long go long it has not done that yet if it looses this level here then there is no prior resistance to catch it except a whole or half number.
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