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markstrachancolne

WISH has broken its 4 yr downtrend

ContextLogic Inc. (BATS:WISH)  
markstrachancolne  
BATS:WISH   ContextLogic Inc.
Chart Patterns Trend Analysis
3
0
chartpattern trendanalysis
WISH looks to have broken its 4yr downtrend. Currently about to confirm an ascending channel pattern which is a bullish sign. Maybe a cpl more weeks to see the bounce at the bottom of the channel which should also be confirmed with the sloping RSI trendline bounce.

Worth waiting for the WIX indicator to paint a green DOT and also confirm with RSI and lower channel trend line then simply ride it up to the upper channel trend line.

Thoughts?
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