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 turnaround will take some time if it ever happens, but all I care about is getting some excitement back into this stock so we can trigger some price action. Again, I am not betting on this company long term, I am betting on my charts and technicals that suggest this is both significantly undervalued and due for a very large bounce. As crazy as it sounds, my targets remains the extremely large gap fill above $7.86.
Best of luck to all, this has been a brutal ride down and I know its wiped quite a few people out, which is part of the reason that I think the bottom is in at $1.20.
Best of luck to all, this has been a brutal ride down and I know its wiped quite a few people out, which is part of the reason that I think the bottom is in at $1.20.