Funny it looks! but this one is going to explode... direction still a mystery... if the markets tank next week $4-5 is coming if not $8-9
$WISH PT 1: $9.33 PT 2: $11.64 PT 3: $15.00 NASDAQ:WISH ---> Closing in on gap fill $7.87 - $9.33 ---> Testing 5-12 EMA cloud for trend reversal ---> Rounding bottom ---> macD cross August 30th
A big move is coming and im not too sure in which direction. I'm not a financial advisor, so make decisions based on your personal risk appetite.
Not a big fan of WISH but I do like the gap. expecting some resistance there aound $7.90 + $8.80 but those type could just gap up above... we see. Stay safe Not an finacial advise..
At the bottom of the wedge with a gapfill above. We can see WISH pushing up from here. Look for confirmation before taking the trade.
$WISH Analysis & Key levels I do prefer stocks with more established technicals (there’s really not any support here)… but this one is on my radar today too… Could have an attractive upside - especially in the short term ——— I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support and key...
Technicals are solid. Fib Retracement looks prime. Smallest retracement I see possible is $12.55, current price $6.63.
At $6.87, the stock is down more than 60% year to date and far below its $24 initial public offering price. $WISH posted revenue of $656 million for the second quarter of 2021, down 6% year over year. Wish reported a loss of $67 million on an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis, compared to a profit of $16...
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...
I have been watching this stock for some time okay so i basically drew the downtrend and the down channel take a peak Let me know your thoughts thanks guys spotting a downtrend reversal is my weakness!!!
WISH is low. could go higher. Trading view wants me to write more in my description so I am typing a long, drawn out sentence to let my audience understand more clearly what I am talking about.
WISH had an IPO price in 2020 of $24 and now the price dropped to 7.55usd. ContextLogic Inc. (WISH) financial results or why it went down: The good: Revenue per Active Buyer was $22, an increase of 21% year-over-year ProductBoost revenue increased 11% year-over-year to $50 million Logistics revenue in the second quarter was $228 million, or a 126% year-over-year...
Hello traders and investors! Let’s see how WISH is doing today! It is dropping sharply thanks to earnings. However, is this an opportunity or time to get out of it? First, it is never a good idea to buy anything just because it is dropping. Some drops make sense, some don’t. Either way, in this analysis, we’ll focus on TA, not FA. I like to buy reversals, but in...
-Been a harsh week for Wish but it keeps deserving it :( -In the recent Q2 earnings call, Wish reported a 3% EPS miss and a 9% revenue miss. -We are expecting a further fall to the area around $6.
Technical: The has recently been on a downward trajectory. A strong descending triangle pattern is forming. If the stock finds the strength to push through to the upside the stock could reach its previous stock price of the high 20s or low 30s. Good risk-reward to the downside as lower support is in the mid 7 range. Fundamental: E-commerce is the future....
Hello traders and investors! Let’s see how WISH is doing today! First, it is interesting to notice that it did a bullish structure in the 1h chart, as it triggered the bullish pivot point at $ 10.15. Now it seems it is heading to the next resistance, the $ 10.68. This might be the beginning of a bullish reversal, but let’s remember that although we have a...
Looks like a massive breakout to the upside is happening on WISH, $20 is my price target for this trade for an almost 100% profit.
potential opportunity for the swing! ...