IngenuityTrading

Wishes do come true #stocks

NASDAQ:WISH   ContextLogic Inc.
After my buy call (reversal trade) on January 11 WISH has exploded higher and is now sitting at the top end of its IPO range. Given its success over the past 3 days I think its prudent to know when and where to at least take partial profits. If this breakout past IPO highs holds that would be fantastic but we have to see how the stock closes today. The level I am watching now is the low of the day at 23.78. If wish can stay above there then I will keep a full position. Below there I will trim 25-50% of the position and continue to hold.

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