RedHotStocks

$WIX Bullish despite little pullback.

Long
NASDAQ:WIX   Wix.com Ltd.
The stock of WIX has had a amazing 2019 and it is more that understandable that post earnings, investors are going to bank some profits. We see a healthy pullback in the coming days to the initial breakout level of $125 before continuing much higher. The company is investing and growing greatly in a ever expanding sector of the market. It is along term hold for us.
Company Description
Wix.com Ltd. engages in the provision of web development, design, and management solutions and applications. It provides free design templates for personal and business use, web design and layout tools, web hosting through the Wix domain, applications from the App Market, blog and social network page support, and other marketing and work flow management applications and services. The company also offers eCommerce and appointment applications, and marketing tools such as Google Analytics and mailing lists

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