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dcx666
Oct 5, 2021 3:07 AM

WISH Looks like SNAP during bottom Long

ContextLogic Inc.NASDAQ

Description

Just for fun.
Blue candlesticks were copied from SNAP during its bottom in 2018 market correction.
Do you guys see any alignment?

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Seems like copied candlesticks were predicting price movement correctly. Lol.
Comments
stonkasaurusrex
This looks exactly like SNAP or PINS a few years ago. It is following the same exact pattern, IPO in the 20S, falls into the single digits so the major players can add positions, then climbs big the following year. WISH just seems to be on an accelerated timeline.

Big X factor - this can be pumped by the fin gurus and has an enormous gap that will get filled at $9.36.
JimZboy
imma Gonna keep smoking the bagholding-copium first
fromtheFtotheW
For others interessted:

Short Term Liabilities: WISH's short term assets (1.7B) exceed its short term liabilities (858.0M).

Long Term Liabilities: WISH's short term assets (1.7B) exceed its long term liabilities (31.0M).
fromtheFtotheW
Candlesticks copied made me laugh. Thanks for sharing looks nice.
affiliates111
I like the analysis but cautious, WISH is in the serious p & d category. Just looking at Camber makes one hesitate.
chrisbarbarosa
Out of curiosity do you know what SNAP's market cap was at the time?
dcx666
@chrisbarbarosa Should be roughly $ 7.6B
eoaktree
@dchen666, So WISH has less than half the marketcap of SNAP at its lows, we can explode to the upside, all we need a mention from ZM from twitter
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