NASDAQ:WISH Key-Levels, I'm very bullish, it's going to fly soon.
E-commerce is not just Amazon, which, moreover, has recovered from one of the most violent gap-downs since its listing. There are interesting realities, such as Shopify, eBay , and Wish. Wish is the most recent in terms of listing, we are talking about December 2020, so just over 6 months of "life". The price had one of the most classic movements of an IPO: a...
WISH is looking bullish as it formed a nice double bottom on the 1hr chart, I believe we should see the neckline break (white line) after the consolidation phase from the resistance break we should see another break on the yellow resistance line. Play this right, this is a great long-term stock which is what I'm using it for, however, it can be a very good swing...
Hello traders and investors! Let’s see how WISH is doing today! Since my last analysis, WISH busted a possible IH&S chart pattern , and it seems we have a sideways correction, between the resistance at $ 10.34 and the support at $ 8.84. This is not all bad, as WISH is not in a bear trend anymore , at least, as it is not doing lower highs/lows, and the 21 ema...
WISH i keep buying on dips .. believe it has lots of money tied in and they're trying to sell this one down until they can't no more.. On a larger time frame we can look at Wish as it's still in an inverse h&s pattern and possible for an explosion to the upside We just came off a wave 5 count to the downside and now could be forming a double bottom and be...
Hello traders and investors! Let’s see how WISH is doing today, and do a Multiple Time Frame Analysis (MTFA) on it! First, the 1h chart tells us that we have a possible IH&S pattern (possible, as it wasn’t triggered). The key point for us is the $ 10.34, as this is a pivot point and the neckline of the chart pattern. Remember, every H&S or IH&S are just...
NASDAQ:WISH Key-levels are defined on chart, for entry and exit use it. Downside, 7$ as strong support and maximum point, uptrend first target 12$. MACD is oversold and bounce up is imminent, it's just matter of time *This is my idea and could be wrong 100%
Technical analysis: Clearly a larger harmonic structure at play here. There's no telling yet what exactly is forming, but I outlined a Bearish Bat pattern to 1) give me hopium that selling will end around $8.15 and 2) with COVID, it's only fitting the chart would form a bat. We've been in this descending channel for the entirety of July so far. I expect this to...
$WISH is trading at the low end again and you know what that means, yep that's right! Time for me to once again pound the table for this stock. It's undervalued by almost every metric there is, plus they have seen substantial growth since the pandemic began. This company is in much better shape than the day it had IPO but is trading at a nice discount. This is at...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team entered $WISH on 6/15/21 at $11.30 per share. Today my team...
WISH is showing MACD and RSI Divergences on the hourly chart. Russell 2000 is resting on the confluence of 6-month and 16-month support trend lines. Primed for a nice bounce next week.
WISH simple fib retracement using recent lows revealed some levels on the chart. The 786 fib has been a relatively frequent area of traffic for the stock. Meanwhile, 618 fib line was previously a level of support the continued to get tested but didn't break until recently. With WISH testing 618 as short-term resistance last week and 786 as potential support on...
Despite the huge RSI divergence, there’s nothing good going on in WISH now. We are dropping a lot, and nothing here says we’ll stop. I like to think that the time to buy is when it is dropping, but we must do it carefully, always waiting for our chance, looking at the patterns that could change the trend. We have no patterns now, but if we do a green candle on...
Yesterday, the second phase of the elliot wave came to an end. It fell into a shopping zone. The stock is expected to repeatedly attempt to break through the resistance at 15.40. If this succeeds, the wave can go until a maximum of 22.07. There may be smaller waves in it. It will probably test 15.40 before breaking 22.07. The position does not qualify as...
All, I feel like CLOV is in a an epic setup here. Looking for a huge bounce play here to 10+ then 14. Option B is it drops one more level to 6.81ish but same result there llitle more rough though.
$WISH Bulls looking for a reversal after the stock tested higher lows first established in early June and following a move from one side of the Bollinger Bands to the other. Confirmation of the "double bottom" could set up a big move to the upside based on an ELLIOTT WAVE "C" expression with a price target above $15.23. Fundamentals (which have been improving...