Bulls are looking for prices to bounce off the rising 10 day EMA while Bears are hoping to push prices lower. There are several technical and fundamental indicators which point to higher prices ahead, but first, this issue must be resolved during trading on Wednesday June 30, 2021.
Using a BARS PATTERN approach we have came up with a price movement scenario based on past behaviors and double checked against trendlines and support resistance to come up with this PREDICTION (blue bars) of price movement for $WISH. This predictive model does not account for any potential SHORT SQUEEZE or GAMMA SQUEEZE which other experts in FINTWIT are...
Ok, WISH hit the 13.80 as we thought it would, and it is below this level right now. That’s fine, now I see the 13 as the next support, and look at the RSI – it is starting to get oversold again! Any reversal pattern around will be a buy sign for us. And this will be perfect, because the 13 is also the 20ma in the 4h chart. The 30min and 4h charts were too...
According to elliot Waves we can not have entered the 3rd wave yet and the 3rd wave cannot be the shortest. These are my current projections based on the current levels of support and resistance using Fibs for guides. Ideal dip buy / go long range is from 12.5-13.5.. if structure breaks the trend is invalid. LETS F GOOOOOOOOOO.
-ContextLogic's shares as fairly valued; it trades at a discount to its peers, but this is reasonable taking into account its lower revenue growth expectations. -ContextLogic is not the next Amazon as it focuses primarily on serving the lower-income consumer segment with unbranded products and its average delivery times are still relatively long. -At the...
Getting out of the flat top it will become wild again! (bearish case is more probable!)
What i like and i do not about Wish in the short-term 1. Insane volume vs market cap & free float 2. All retail has eyes on it 3. Upcoming correction in the markets? 4. 1 H&S taking place as we speak and one bigger one might take place couple of weeks from now 5. Weak hands needs to be shaken and if is there is a general market correction most of the retail on...
Long Setup for Wish with Key areas it must break to run up to the target of $22.80. That price target is just before the midterm Golden Pocket Fib resistance (So good spot to take profits if it hits the target imo). $20.09 is also an important spot to watch for potential resistance and a possible pullback. But if it rips through that price point then it shouldn't...
Yes, we nailed another target! Now what? WISH is correcting a little bit, and it can hit the 13.80 again. I still see it bullish, and if it drops there again, it is a buy in my opinion. A late buy, but a buy! 😉 If WISH breaks the 15 again, then we’ll see a continuation of the rally to the 20s, as we already talked about. WISH is doing great. I’ll keep you...
Hello everyone, I hope you're having a great weekend so far. DISCLAIMER: I AM NOT A FINANCIAL ADVISOR. THIS IS NOT INVESTMENT ADVICE, I AM SIMPLY PASSING ALONG RESEARCH I HAVE GATHERED. BUYING/SELLING POWERBRIDGE TECHNOLOGIES ($PBTS) WOULD BE AT THE DOING OF YOUR OWN. PLEASE DO NOT INVEST BLINDLY, NOR USE THIS AS YOUR ONLY SOURCE OF INFORMATION. *** I...
Hello traders and investors! We nailed another target, and this time, on WISH. In our last analysis ( link below this post, if you missed), we said that if WISH trades above $ 11.92, the $ 15 is the next target. Today, it did hit our target, 14 days after my analysis. A quick swing trade. The reasons for this were quite simple: 1) The $ 11.92 was a pivot...
big brain time, fintwit... How is WISH going to deliver orders without oil and boats or whatever?! Spoiler alert: they're not. Enter: RIG (honorable mention: SHIP) At heart, I guess RIG is an oil play. As usual I'm going to spare you the deep RIG backstory and assume that you found this idea because you've already done some research of your own. There's...
CRWD held the 251 level 3 times last week. CRWD needs to hold 251 to continue moving higher. I would like to see a break over 258 to go long. Trade Idea: 262.5C. 7/2
From a technical perspective, WISH looks good for continuation. This paired with the publicity ensued on it past few weeks equals a nice bullish set up for the future. Recent downtrend breakout on huge volume and now sitting above POC, we are looking for a move past the danger zone (Double top area). Once we break the high of the big red candle, we take flight....