Chartoholic

WIX is looking amazing and is about to break out

Long
NASDAQ:WIX   WIX.COM LTD
NASDAQ:WIX has been consolidating since few months in a perfect falling wedge continuation pattern and bounced nicely of the 200 MA. Break out of the falling wedge is expected to generate considerable gains. Long the break out to target 345$, stop level at 220$. Long term target is above 450$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Trade closed: target reached

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