Critical point for wish if accumulation dosen't start will see the price go even lower . On the other hand we could se a potential reversal wich will end by the end of 21 or febraury 2022.
I think ther will be an accumulation period till september next earnings report.
If WISH misses with earnings this upcoming week, technicals and projected fundamentals support a break below valuation in the lower $11 range. With a test of $9.35 for the next earnings bottom range.
It is likely to find support in this range and move back into test range of $11.05 and $12.18 into the following earnings.
If WISH continues to beat expectations...
WISH HAVE BIG POTENTIAL IN ITS SECTOR BUT TECHNICALLY WE MAY SEE 6.5 - 7.0 USD RANGE.
WE HAD DOUBLE DIP 11.7 - 12.00 USD RANGE BEFORE ANOUNCING FINANCIAL RESULTS. FINANCIAL RESULTS ARE NOT GOOD BUT HAVE POTANTIAL FOR THE FUTURE.
BIG SIZED INSTITUATION STILL BUYING AND ONLY HEDGE FUND DOINGS SHORTS ...
PATIENT CAN GIVE MORE PROFIT...
This is my first idea on tradingview, but not a first trade =)
So, this company still does not interesting for big and smart money, but technically its shows to us bull divergence on 4h. timeframe.
Accordingly to market profile we have resistance around $ 18.25
Im expecting around 10-15 days needs to reach $17 - $18 zone
Its not financial advise, follow your...
Hello fellow traders and investors, here's another trade idea.
WISH has recently pulled back and if it makes a full recovery it offers around a 65% ROI but if it gets to resistance and it gets rejected then that offers around a 25 to 30% ROI .
The Macd indicates that WISH is oversold
The EMA's indicate that WISH is in a downtrend
When To Buy:
WISH is bouncing from the lows, after Earnings .
"Buy the dip" mood.
Perfect day to jump in if you are planning to.
CCI , RSI and Slow Stoch are coming out of oversold area.
Volume and volarility are good.
1st Target price : 28
2nd: 30-32 area
Save and invest
DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and...
I believe most selling is done, after Wish had its first price discovery and found its top.
Indicators on lower tf show divergence and im expecting prices to go higher before and during earnings (March 8)
Sometimes...you can just feel the trade. Listening to Mac Miller - Youforia while I write this. Deeply recommend you to listen to it while you read this TA. Orange + Walter White for inspiration.
Looking at a trade like this is like life telling you to relax. You got this. You had some losses in the past, but this is life throwing you a bone. Can anyone else...
no confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades
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