Hello everyone,🙋🏾
Here again, Romluck with a new trading idea,💡
Wix .com Ltd develops and markets a cloud-based platform that enables anyone to create a website or web application worldwide.
After an 85% drop from a bearish trend, we switched to a bullish trend.
And right now we are facing resistance in the $90 area, the same area after the covid declines are...
Order SELL WIX NASDAQ.NMS Stop 72.30 LMT 72.30 will be automatically canceled at 20230401 01:00:00 EST
WIX weekly bearish hammer take profit at support zone.
9% stake disclosed by Starboard has caused Wix shares to break out from resistance of 80.65. Is this Wix's bottom and can it resume a bull trend despite the weakness in tech stocks?
Wix.Com
Short Term - We look to Buy at 65.69 (stop at 58.33)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher lows is located at 60.00. A weaker opening is expected to challenge bullish resolve. Support is located at 65.00 and should stem dips to this area. Preferred trade is to buy on...
NASDAQ:WIX
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All,
Been AFK for quite a while didn't trade much since December just converted to cash after a few medium L's around Jan.
**I think an obvious disclaimer here is this is contingent on the market/war/fed data not being bad after this. Too fragile right now.
On this one I think we have a really good Supply/Demand area and possible...
Wix.com Ltd, together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI that enables users to create a...
Big volume on a down day in existing downtrend. CCI is hot. Its been giving good shorts when it signals. Looking for this to stay above the blue trend line. Might back-test today.
NASDAQ:WIX
Taking a small long position on WIX, a website building platform.
Price action suggests a short term recovery, based on my own proprietary indicator, as indicated by the white arrows.
Will accumulate if the thesis pans out.
Wix is leading the way with a cloud-based website development platform for over 189 million registered users worldwide today. The Wix website builder was founded on the belief that the Internet should be accessible to everyone to develop, create and contribute. Through free and premium subscriptions, Wix empowers millions of businesses, organizations, artists, and...
This chart looks bearish to me (short term could be bull to 250ish though).
I am seeing us in a WXY correction that could see a rally to 250 before the final leg down for our supercycle wave II. 100% extension confluence here with the 61.8% retracement puts the II bottom at 165. That likely will happen when the indexes actually top (reference my SPY, QQQ, IWM...
Description: WIX is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $313.7 - $335.7
2. Take profit: $425.75
3. Stop Loss: $302.35
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 96%
If WIX can get to 295 and hold it, then I will be watching the volume on the 5 min
Higher highs and higher lows after holding 295, I am getting into options.
Target is 30-50% gains.
I pay a little more for more time in options to remove one variable of pressure.
I missed this once and do not want to miss the play again. But wait for entry to present itself.
