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...
Positive: ++ Quarter and Year Earnings, ++ Enermous Potential, Morning Star Rating A
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
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 $30+ at its peak.
Wish been in downtrend for a while we might see a reverse closing 15.09$ 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
Ew waves are clearly countable on this stock. Has also divergence on the rsi and we are almost near a fib level now.
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 $3 mark for healthy chart movement. If it breaks...
My latest conviction is that wish has been sold maybe before it even did an IPO. Here's the game plan 1. VC's that have been to WISH (close to 10 years) needed to do an IPO so they would cash out their position and return the money to the funds, since there is a policy to close the fund 10 years after inception. (pitchbook.com) wish fund series...
WISH can nicely be charted inside a down going parallel channel as shown! It is now a real penny stock as predicted several week ago! We offered an alternative bearish scenario when majority of technical analyst were bullish on WISH . We did not reject the possibility of bullish scenario and in fact, opened a long position based on that possible...
2022 complete inverse of 2021. DEMs to continue to play virus card. Virus is good for e-commerce and we just beat the covid high of holiday retail YoY. Let's see what happens.
I think NASDAQ:WISH will be successfully to get to price target of 5$ till the end of 2022 and even might test $7 moving forward BTEOY. My analysis is based on: VOL Profile fundamentals. The fact that WISH is undervalued in current levels IMO and by some more analysts. $3 is their all time low(young stock) and they after devastated year which new...
Seems likely to bounce at 2 dollar imo because it's way oversold right now
Hi All, my main 3 take-outs from this analysis are the following: 1- I do not agree with those who say that Wish has no upcoming support and that it is in free fall! Not at all! The support is a static one, it is very visible in the daily chart, and it is shown in red. The lower trendline of the descending wedge is actually acting as support and the price is...
I truly see this playing out - WISH is in a zig-zag pattern (bearish). The 5th wave will end when we touch the bottom trendline. The timeline for this bearishness is 4-6 weeks with a target of $1.7-$2. Depending on the time it takes, the equivalent price on the trendline will be the bottom. We will then get an ABC recovery, following our historical WISH ABC...
Hi All, my main 3 take-outs from this analysis are the following: 1- Price is still moving inside the red falling wedge, finding static support in the lower red trendline 2- Strong divergence between MACD and prices, suggesting that the strenght of the sellers might have come to an end 3- In the next intraday sessions, it might be possible to see a further run...
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This is my last post about Wish! i overanalyzed it i think... good luck to all! $10 within the next Q imo.