#WallStreetBets and undervalued meme favorite $WISH
has the potential to reach $21 as it recovers from massive
shorting and naked shorting with the help of #APES and
retail investors. The move could even "slingshot" in the
same way that we have seen other Reddit #shortsqueeze
plays have given that it has been identified as a GAMMA SQUEEZE
candidate by experts at ...
This is just a consolidation. A normal movement that occurs when something did an amazing movement. It is how the market tells us that the stock is resting.
There’s nothing to worry about here, and since we are above the 20ma, we are fine, and the momentum is bullish.
The 20ma is a support for us here, and it seems WISH will hit it next, before it hits our first...
Expecting huge move here, as the volume increases and the price shows higher lows and higher highs. I played momentum trades while it was in the 11-12 zone, now I'm swinging long-term with higher expectations. Opened a long position yesterday with average 13.72, gonna add more as it shows more strength and breakouts.
$WISH Target 17.62 for 40.40%
Or double position at 7.48
WELL... THE SAD NEWS is that my order did NOT fill so I am not in this one... but this is what my plan WAS. Grrrr... haha... GL y'all and I'll jump in at the next opportunity...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target...
Again, WISH traded around the 13 area today, and it did a false breakout (when the price closes outside, but it reacts and closes above the support again). This is a buy set up.
It did break the red line and the Bollinger bands are finally spreading apart, which is amazing! Our first buy sign was around 12.10, as I said in my first analysis on WISH.
The RSI...
It is going to hit our target, guys! The 13 is a new support for WISH, and the BB are getting tight again! The volatility is diminishing, and soon we’ll see this stock exploding again. Our entry point was around 12.10, and our target is the 15.
The red line is another breakpoint for us, and once broken, most likely it’ll hit our target.
We are almost at the...
This is a kind of a no brainer for me. WISH is a well established company and has a good presence on the market.
Ever since IPO listing $WISH been taking a beating and bottomed out at $8. Lots and lots of volume, positions were added and we broke downtrend resistance.
As a rule goes, there is never an unfilled gap, so my price target is $24 to fill the gap. I...
Full disclosure I'm long WISH since $10.68.
Wish is the talk of the town lately and showing a very similar setup to the many previous stocks that pumped recently. Comparing price action to the latest, CLOV, you can see it is very similar. A long-term downtrend, followed by a bottoming and accumulation period, then a sharp reversal and a pump to a new all-time...
Brokerage firms use ratings when they issue stock recommendations to stock traders.
The usually have 1 year target from the moment the release the Ratings.
On 5/13/2021 Credit Suisse Group Brokerage Lowered the Price Target from $31.00 to $24.00 and Outperform Rating
On 3/9/2021 Citigroup Brokerage Lowered the Price Target from $24.00 to $20.00
On...
Not the most ideal falling wedge but it has broken out nonetheless.
While we see a bearish divergence forming down here. This is not to be taken heavily.
Given the insane, continuous volume we have been seeing recently I would not be surprised to see WISH continue its grind higher.
Ok, WISH did break the pivot we mentioned (12.10), and it triggered the buy sign! Now we are off to the 15!
Today’s movement was good, but since it was a bit overbought, now it is doing a correction.
The 4h chart is starting to show us a good movement as well, and it is easy to see why the 15 is our target (previous top).
The RSI is a overbought too, but I...
All,
AMC far more interesting here if we can break out the top to confirm the ascending triangle. The two fakeout candles also make it seem this way. Looking like we of course would hit 68/70s on way up but the cap would be around 103ish maybe less FOMO. NOT SAYING THIS WILL HAPPEN. We all know how crazy the shorts are etc.
Other would be not fakeout candles and...
It looks like WISH is inside an ascending triangle, the base is the red line, and the resistance is the 12.10.
I think WISH will stay there for some tie, before it breakout – and I believe it’ll be upwards.
If WISH breaks the red line, then the 9.68 is the nest stop, and the bullish thesis won’t work anymore. But if it breaks the 12.10, it’ll rally to the...
