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stonkasaurusrex
Feb 22, 2023 7:27 PM

Wish Bottom Long

ContextLogic Inc.NASDAQ

Description

I believe Wish is in its final stages of bottoming. I'm seeing an inverse head and shoulders on the daily with bullish divergence that's been taking place for several months. Wish was recently pumped off of a positive report claiming it was significantly undervalued during which we saw daily volume at a level we hadn't seen since 2021. All of this indicates to me that this is ready to explode vertical. I still eventually think the massive gap at $7.80 is filled but will likely be out of my position well before then. My first target remains $1.64.
Comments
yrusl
seeing the financial report and today's premarket it's safe to say that this post this not age well at all;)
stonkasaurusrex
@yrusl ain’t that the truth. This thing completely broke down
zlking23
gj
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