Lagging span over price action TK cross coming out of months long consolidation Price target $360
$WIX has successfully broke the descending triangle and heads higher . Please note we have the earning day ahead . #Trade_safe and keep learning until you succeed . No matter what you said about the Stock-market , it is the biggest meritocracy in the world.
WIX Performed well in the last 5 years, and shows a strong bullish move. Daily Chart - The Whole Picture (Line): Since March 2020, WIX Moved rapidly from Trading zone 1, to Trading Zone 2, by single print move: The Buyers took the price up into New Trading Zone which shows signs of weakness - clear picture of Supply expansion. When reached the new...
I'm watching WIX as it could break that down trend line any time. I'll feel confident for an entry if we clear 273-274 (based on Ichimoku daily). All price levels are on the chart (in blue). Price is supported by a long term trend line and a rising 200 MA which is not far below.
The high level of demand for Wix's solutions and the resulting rapid revenue growth are impressive, but so is the strong cash flow the tech company is generating. The company currently expects total 2020 free cash flow to be between $122 to $127 million. Zooming out over the past five years, Wix's annual free cash flow has risen from $14 million in 2015 to $127...
WIX confirmed the " Flag " pattern I placed a buy order. WIX buy : $290 WIX target : $380 Stop loss : 6% Wish you a good deal!
WIX stocks has just formed the head and shoulders pattern, but fundamentally stocks may rise. New Feature of wix EDITOR X has a great feedback, which may cause the rise of stocks price.
Wix.com is about to enter bearish territory. Head and shoulders is visible to everyone i guess. I expect a correction to Fib 0.5 level around 200$.
Short it back down to $260 if we can't break, retest, & hold $275.
RIS at his overbought level and with divergence pattern might suggest us that WIX is ready to fall for some nice %'s. On top of this D frame, the Weekly chart is almost the same-RSI is tick above his 70 level, the price is more of 20% above MA200
Earnings approach this week and we hope to see WIX follow in the footsteps off SHOP and GDDY with some blowout numbers as online presence becomes a must in the shutdown economy and will continue to thrive as the consumer becomes more and more reliant on online shopping. Company profile Wix.com Ltd. operates a cloud-based website design and development...
looks like a double bottom, a reversal pattern with a breakout. What do you think?
It looks like 120 could be a great point to buy Wix, the company has great growth rate that can continue to lead the company to higher prices. What do you think about the company fundamental data? What do you think about the technical analysis?
$WIX C&H - near term target - $135.00 by early May Earnings 05/08 Note: Informational, not investment advice.
Carried into earnings week on strong volume as it approaches a new ATH, it's reasonable to expect a pre-earnings inflation (bubble) that would allow a quick scalp for some easy money. Fundamentals aside, even though this equity may be overpriced, it's positioning itself as one of the market's favorite growth stocks for this cycle. Would not be surprised to see...