StofAxeCapital

WISH Reversal on 30 minute. Awaiting confirmation.

Long
NASDAQ:WISH   ContextLogic Inc.
Not a financial advisor


Mentioned this one last night that I was watching for a recovery today or next week. Have a reversal here on the 30 minute. Waiting on the next candle to confirm that this is indeed a reversal.

RSI tremendously oversold here.
Stoch is perking up signaling strength and potential rally here today. Could see $8's fast today.
Momentum is perking up as well.

Worth watching here.

I like this entry short mid and longterm.


The Swop.
Comment:
Confirmed Reversal. Happy Gains

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