NASDAQ:WISH The Wish Turnaround Story
Technical Analysis: Triple Bottom
Fun Facts:
- Delivery speeds average 8-day y/y improvement in Q1’23
- Customer order cancellation Rate dropped 56% y/y in Q1’23
- Buyer conversion rate improved by 18% y/y in Q1’23
- Customer retention rate improved by ~10% y/y in Q1’23
Financials:
March 2023 Cash Balance: $379...
NASDAQ:WISH The Wish Turnaround Story
Technical Analysis: Triple Bottom
Fun Facts:
- Delivery speeds average 8-day y/y improvement in Q1’23
- Customer order cancellation Rate dropped 56% y/y in Q1’23
- Buyer conversion rate improved by 18% y/y in Q1’23
- Customer retention rate improved by ~10% y/y in Q1’23
Financials:
March 2023 Cash Balance: $379...
Who would have thought that? wish fighting to break 100ma at $1, oh boy I learned my lessons no doubt about that!
So the main question remains: has this stock survived or is it going to 0? is it a buyout? or it's the beginning of a new chapter? We should learn this in the next 12-18 months!
I am selling nada, zero,rien,0 below $5
Good luck to all, do your own...
Hecla Mining Company
Short Term - We look to Buy at 3.87 (stop at 3.42)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Previous resistance at 3.90 now becomes support. Dip buying offers good risk/reward. Further upside is expected.
Our profit targets will be 4.85 and 5.00
Resistance: 4.90 / 7.50 /...
PayPal
Short Term - We look to Buy at 78.86 (stop at 71.88)
Activist hedge fund Elliot Management reported to have increased stake. Price jumped 6% in premarket. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. There is scope for mild selling at the open but losses should be limited. We look to buy dips....
Results were as expected and clearly belong to the previous management team.No no point for the current team to show any improvements. As stated by the newly appointed team the real turnaround results should be visible somewhere in Q2 2022, so for Q1, I expect a Wyckoff accumulation. Retail is so depressed and tired that eventually nobody will be left except...
United Parcel Service started delivering new highs in the summer of 2020. Now the chart could be interesting again after an eight-month pause.
First, notice the bullish gap after the last quarterly report on October 26. Earnings, revenue and guidance all surprised to the upside as CEO Carol Tome (installed last year) continues to execute her turnaround plan...
Technicals ✓✓✓ (multiple divergences)
Short ratio ✓✓
Upcoming changes in platform / CEO ✓✓
Retail psychology ✓✓
Institutions buying ✓✓
Lockdowns possibility after x-mas ✓
E-commerce growth - especially mobile ✓
If these are not enough for you in a $2.5b market cap with $1-1.2b in cash, around $2.5b in sales 0 debt and estimation from management to break even...
I do not want to get into details about fundamentals etc we all saw wish quarterly results but with some much retail in this stock i was expecting a huge decline, the fact that retail investors all over the web are so pissed about wish and start panicking and exiting their positions is a + for me as i hold a long position.
Now there are some interesting things i...
