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?
The stock of WIX has had a amazing 2019 and it is more that understandable that post earnings, investors are going to bank some profits. We see a healthy pullback in the coming days to the initial breakout level of $125 before continuing much higher. The company is investing and growing greatly in a ever expanding sector of the market. It is along term hold for...
Wix has had massive growth and has just recently announced new investments in facilities in Tel Aviv. Growth is upwards of 40% per year and the company has just entered profitability. Wix is still a small company with a market cap of 6.2B in comparison to Shopify's 24b. It is very likely the pullback may continue but this is a buy for the long term, not a short...
Wix broke up and out of a bull flag pattern today and tested ATH. Ultimately came down a bit, but its just building some momentum for next push. Should be hitting new ATH next week.
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...
Wix.com (WIX) will report earnings 2/20 before the open with the Street looking for $0.32 EPS and $162M in Revenues (+36.6%), and Q1/FY19 seen at $0.13/$176.4M and $1.49/$761.4M. WIX shares have closed lower 4 of its last 6 reports with a six quarter average max move of 12.2% and average closing move of 7.75%. More details at optionshawk.com
Wix.com Ltd. (Wix) is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. These applications provide Wix registered users a bespoke front-end for customers visiting their Website, as well as a back-end management dashboard. The Company has developed these software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user and without the need to write code.
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WIX
