If you've been a follower of my analyses on WISH, you would know that this stock has been following a downward channel in a grand Elliot-wave sequence. We are coming close to the end of the impulse, which would be around $1.27. After, we will get an ABC wave to the upper trend-line. There are two ways of interpreting the chart:
1) The wave that's about to finish...
Lil Wayne said "Murder 1-8-7, I be killing them bitches, all dogs go to heaven."
That has nothing to do with this stock, but Rich AF is a banger.
It looks like 1.87 is a strong support for this stock as of now. hopefully it does not turn into a resistance.
For now I am selling 2.50 and 3 CC. every 2 weeks. close at 60%. If this bust to 2.25 I will buy back...
Wish The Company Suffer From SELL-OFF WITH ALL THE GROWS STOCK Small Caps
Still Have 1.2B In Cash
Have A lot Short TERM Problem
Hyper Grow Stock
1Billon Market Cap Something Like This
P\S To Small
Results were as expected and clearly belong to the previous management team.No no point for the current team to show any improvements. As stated by the newly appointed team the real turnaround results should be visible somewhere in Q2 2022, so for Q1, I expect a Wyckoff accumulation. Retail is so depressed and tired that eventually nobody will be left except...
I will bully this stock by losing a shit ton of money and changing my morals until price is above all of the above...... sarcasm aside, this ticker belongs in unmentionables, although together, we can pump :D
very long
very very long
WISH hit significant low today with the Fibonacci circle hit and March 1, 2022 results coming in a few days should be a positive for the shares that were at $30+ at its peak.
wish is still being held back by trend resistance...It has been listed on the market for 15 month and only had 2 green ones total!
thats not good at all, I think this will continue lower unless the downtrend actually breaks.
like and follow for more! 💘
Another stock that is beaten down and has been consolidating between weekly SR levels (white box).
Just expecting it to get out of its current range to the next volume area at ~$3.30 then to the volume area at ~$5.20.
You can play the breakout or enter early (I entered early since the RR is fine for me, especially since SL is at the lows).
Could it get to the...
Wish been in downtrend for a while we might see a reverse closing 15.09$ wave then will update other than this if the company is not going to be close we must see a reversal :) JK
MANAGE YOUR OWN RISKS this is only my opinion
Just range bound. Finding higher low and Lower Highs. Good consolidation right now. 2.21 seems to be holding strong as a support.
Still looking for the 3.00 breakout, but will probably be waiting a bit due to this market uncertainty and indecision.
What a week for WISH. Low of 2.26 to a high of 2.96. New CEO announced.
Good use of my fibs as Support/ resistance. I still maintain the thought that getting over 3.17 will be crucial for upshot confirmation.
Right now 2.90 is the major resistance. I'm sure Fib bros will buy in around there and then we can see some swings/ consolidation between 2.90 and 3.17...
$Wish is coming out of descending wedge. It has found support now on the trendline, Big potential: Massive Buying will kick off once $wish closes above $3
Next resistances
$3.65, $4, $4.65, $5.40, $6.35
$7.5 & $9
Not a financial advisor.
WISH has been badly beaten down. It appears that we will finally see a 3 white solider candle reversal.
We a looking to get a break through the 50 day moving average at $3.19 however it should form an impulse wave before breaking through. I would expect to see a flag form around the $3 mark for healthy chart movement. If it breaks...
Well this week WISH ranged from 2.10 from 2.57. Volume picked up as well. All ended with a lackluster Friday.
I don't know if WISH will make it down to 1.80 which is the 1.618, but is still a possibility. Once it does, Fib bros will say it will reverse up.
Still there is an exciting prospect about ordering junk online.
