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MARKETLYTICAL
Nov 26, 2021 6:24 AM

$WISH Wish Context Logic Analysis  Long

ContextLogic Inc.NASDAQ

Description

WISH Context Logic Analysis

NOTES:
- Wish is currently at all time low-ATL
- There are currently 2 RSI takeaways:
-- RSI Divergence is shown on the chart: followed by price correction, white line chart on RSI
-- RSI Convergence is shown on the chart last week: will follow by price upward momentum, shown in yellow on RSI

TAKEAWAY:
- Price will move higher towards the mid-level support line at around 4.75/S
- WATCH the mid-level support line at $4.75.
-- IF BOUNCE the price will move lower
-- IF BREAK the price will continue to 6/S range

REMEMBER: if you have a stock in mind, let me know I will upload a TA.
Comments
JimZboy
Nice
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