I believe Wish is in its final stages of bottoming. I'm seeing an inverse head and shoulders on the daily with bullish divergence that's been taking place for several months. Wish was recently pumped off of a positive report claiming it was significantly undervalued during which we saw daily volume at a level we hadn't seen since 2021. All of this indicates to...
Bad business model, losing money. But had more assets that was being reflected in the stock. this was not quite a cigar butt net net benjamin graham type stock, but it was low priced compared to liquid assets.
let see of the bullish MAs cross performs succefully starting a bull run for wish:')
DESCRIPTION: In chart above I have included an analysis of TICKER SYMBOL WISH as per follower request. Despite it's short market history since IPO price action has seen plenty of volatility and has broken many fundamental supports and has fallen into PENNY STOCK TERRITORY. With that being said refer to FULL CHART LINK DOWN BELOW to see what I am talking about. ...
This is one thing bears cant argue. It is Statistics and they are wrong.
Sequel to Miami Vice. This shows that it would be a good time to buy going out for years. Yes we hit a tree, telephone pole and all the other bumps and walls in the way. Just for the record. insiders were the ones who shorted it and institutions and ETF's have been buying.
Who would have thought that? wish fighting to break 100ma at $1, oh boy I learned my lessons no doubt about that! So the main question remains: has this stock survived or is it going to 0? is it a buyout? or it's the beginning of a new chapter? We should learn this in the next 12-18 months! I am selling nada, zero,rien,0 below $5 Good luck to all, do your own...
Here is what Consumers think of what the believe of how the Economy is doing. On November 9th, 2022 it has been up since that date, So has WISH
This has been the facts of what institutions and ETF's have been doing. They also have been buying in the 4th Q of 2021 which I did not include based on the red lines. Insiders have been the ones shorting and selling also for tax reasons. Information done by the best people on ST have helped and read the beginning of the year and quarterly readouts throughout...
ContextLogic (WISH) share price does not stop recording continuous and severe losses, while WISH share is trading below the $1 level now. While the sharp bearish tone prevails on the stock, as it traded below the short and long-term exponential moving averages. Now, on the Renko chart, and taking into account the previous RSI readings, we can learn that the long...
Safe explanatory chart ! Earnings tomorrow, good luck to anyone trading this stock !
If history is any guide... It can go to $0.69 just for the memes! Wish to the moon! don't try to outsmart Wallstreet just try to think like them. I have been wrong 100 times with this one! I just don't want to be 100 + 1! This is what true risk/reward looks like! Everybody is scared to death and the majority sitting at > -70% losses... Please do your own...
GL to all... Do your research, trust nobody, look first then leap, and don't trust your "feelings" that much...
If you check at least 3/5 on the below we might be in the right place. 1. Depressed 2. Tired 3. Stressed 4. Scared 5. Out of money to buy more I do not know about you but I have been through all of the above over the last 12 months! I made tons of mistakes no doubt about that! BUT i wIll not make the biggest one, panic sell at the bottom or in the first...
I posted about Wish a few weeks back so please feel free to check that idea out, but long story short it looks like my double bottom theory has been invalidated. This has been an extremely difficult stock to hold (my cost avg. is just under $3) but I still do not believe that the price accurately reflects the value of this stock and that it has potential to reach...
Just like how it was at ATH, It is undervalued. We have all known what Pitor did and insiders selling all the way to the bottom with exchanging their options for shares. This indicator works on each did and shows the All Time High. If you zoom out of your chart and look at how undervalued it is you will see that it is very affordable. Bears, Game Over. Thanks...
I've been waiting for a very long time for Wish to double bottom. I sincerely believe everyone besides Piotr who wanted out is out by this point. All the negative headlines are in, all the worst that could happen to the company happened. We continue to see funds loading up on shares at these rock bottom prices. Wish is certainly experiencing headwinds and this...
Looks like it is at the peak of this run. The hanging man candle has shown its head. After this run I would expect to see it pull back and consolidate. It may have broken it's downward trend, but it is a bit too early to tell.