We can identify the falling wedge chart pattern on WISH. As a result, we can anticipate a rebounce towards the fibo level.RSI Divergence also shows a reversal happening soon.
WISH can do a breakout in a little while. Might want to accumulate some more around $7, $6, $5 if it goes down there. All good accumulating for this/next year breakout. Not financial advice, your trades can go to $0.00. Do your own research!
Key points: 1. Incoming triangle breakout reversal of downtrend 2. 50% of free float was traded in the last days, who else is left to sell????? 3. I do not think that insiders, private equities and VCs want to sell at $9, after the lock up period. 4. P/S < 3!!! 5. Debt free & $2b+ of cash!!! 5. Sweet Risk/Reward Ratio setup 6.Target price of $20-$24 over the next...
Downward trend on WISH, currently at $8.8/share 5.17.2021. I don't know which players are pushing this stock down but fundamentals are decent enough to be above $25. Will keep accumulating at these low levels.. Medium to longer term play. Not financial advice, your trades can go to $0.00. Do your own homework!
Not the best stock and market conditions are making it worse. 5 wave super correction from my screen. Currently in the 5th and last wave of this correction!
WISH is bouncing from the lows, after Earnings . "Buy the dip" mood. Perfect day to jump in if you are planning to. CCI , RSI and Slow Stoch are coming out of oversold area. Volume and volarility are good. 1st Target price : 28 2nd: 30-32 area Save and invest LazyBull DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and...
Head and Shoulders pattern forming. Will see bottom at $15.
I believe most selling is done, after Wish had its first price discovery and found its top. Indicators on lower tf show divergence and im expecting prices to go higher before and during earnings (March 8)
Lets see if this plays out. Looks like a classic upward wedge forming
I think a Wish meme is all I need for a reason to justify the Put I entered. Can't give full analysis since I'm teaching at the moment. Let's see what happens! I Originally marked this up on the Daily so the current support zone is really around $26-$27. I just need a few pennies off of the retracement if the market follows my order! Strike Price: $26.82 What...
consolidation channel after failed breakout timed with market pullback - how much are faux Pokémon cards worth?
After my buy call (reversal trade) on January 11 WISH has exploded higher and is now sitting at the top end of its IPO range. Given its success over the past 3 days I think its prudent to know when and where to at least take partial profits. If this breakout past IPO highs holds that would be fantastic but we have to see how the stock closes today. The level I am...
Wish is down big from its post ipo highs but it looks like it could be setting up for a reversal back into the range (rectangle) and hopefully to the highs at 25. Entry here or at a lower price with a stop below the post ipo lows- 17. The stock is very volatile so I will be trading small but this could be a decent risk/reward set up assuming the overall market holds up.
NASDAQ: WISH Looking Bullish Go For Buy Trade
Huge opportunity trending towards huge Gains low price. high volume coming soon but while cheap now good luck
Time to buy? At least start accumulate some. This will be the next Amazon? Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
NASDAQ: WISH Looking Bullish Go For Buy Trade