Hi All, my main 3 take-outs from this analysis are the following: 1- RSI and MACD showing bullish divergence in the daily chart 2- Price action is moving inside a falling wedge and I would expect a rebounce from these price levels today or tomorrow the latest, in order to see a recovering and a possible breakout of the falling wedge at around mid-January 3-...
I'm not an investor in Wish. I merely trade the ride down. As the market is correcting, expect better deals soon. I will love to see WISH at $2, conforming to my ultimate ultra bear impulse count. If that were to happen, it would be near New Year's Eve, touching the trendline. WISH needs good PR ASAP for the bullish fractal to play. As per my last post, I got in...
A broken record here. Broken floor, correcting patterns, FibGoals inplace. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and...
$Wish Context Logic Analysis NOTES: - Wish is currently at all time low-ATL - There are currently 2 RSI takeaways: -- RSI Divergence is shown on the chart: followed by price correction, white line chart on RSI -- RSI Convergence is shown on the chart last week: will follow by price upward momentum, shown in yellow on RSI TAKEAWAY: - Price will move higher...
Hi All, my main 3 take-outs from this analysis are the following: 1- The hourly chart shows RSI in oversold territory with high chances of a rebounce 2- Price might be retesting the resistence at arund 4.60$ in the next days 3- Still valid the possibility of an upward breakout of the descending wedge shown in the daily chart Not a financial advice, just...
Hi Guys, WISH is moving inside a falling wedge in the daily chart. Two third of this wedge is approximately end of January (blue box) where the price might realistically break the red trendline of resistence and reach the 6$. If this will happen, next price targets will be the 9$ gap filling and mostly the 15$ level, which represent the target given by the height...
- Looks like WISH is forming the final D point for a Crab Pattern - This Crab Pattern is in itself a bearish formation, but we can profit from the move up to the D point
Hi All, my main 3 take-outs from this analysis are the following: 1- On June 8th 21 price broke the descending wedge resistence (daily chart) with huge volumes. Target for that move is 19.5$. Let's not forget about this 2- Price between 21 and 50 MA, going to probably test the 6.3$ static resistence 3- Bullish divergence between prices and RSI in the weekly...
HOLD THE GAP RIP THE SHORTS. CHRISTMAS TIME IS HERE BAYBAY top of the gap test now. Should see move my dude
Not a financial advisor After MONTHs of waiting it is finally happening! Lets fill the gap to $9 hoping for $15 but like most people in this I'll be happy with whatever at this point 😂 Long overdue should blow after $5.76 FOMO is a hell of a drug
From my previous post comment: Keep an eye out for any catalysts on WISH. Market makers might choose to make $4.61 (Fib extension of 2) the bottom if economic activity gets better and Q4 is green. Present : I will be following this fractal and devising estimations via the daily EMA. Wolfpack is going green on the weekly! I am targeting one gap during the...
Everyone is still holding and remains bullish about wish future. As i see it now although i previously thought that the bottom was around $4.70 i expect a last gap down movement with an rsi and macd divergence. Upcoming results will be loaded with all the "bad" numbers so the the new CFO and management can show some improvement towards the next Qs. Retail is...
chart speaks for it self , unless its a trap in the general market, this is a perfect setup for Xmas rally , a healthy pullback to retest the breakout area
Wish timefib indicator - November 2021 breakout incoming with an equal measured time move
WISH is now a shadow of the company that was rumored that Amazon offered $10 billion all-cash to buy it and Wish's CEO didn`t agree! Now its value is 3.454Bil and two weeks ago it was even lower. But the holidays are coming and all ecommerce platforms will benefit from that. Except for Oppenheimer, who downgraded WISH to Underperform setting a price target of...
All, I think WISH hits $13 or $15 OTM then either: A) forms head and shoulders B) ascending bullish tri breakout to 17 range Obviously undervalued massively shorted for whatever dumb reason.
Wish is likely go above previous ATH after gaining momentem. Recent price movement seems like big player joining as if they have insights about next ER. Hold on tight guys, we are about to blast off.
it respected pretty well the fib extansions,now it is time to accumulate some with a Sl under the lows , aiming for the gaps and more , chart is begining to look nice , a catalyst is an extra