First, this stock is a total disaster for every retail holder, including myself. Secondly, this stock is unpredictable since as it seems to my eyes VCs control the game and can do whatever they want... burn it to 0, sell it for $5,$10,$20 etc... or raise capital and dilute. Here are some points to consider though: 1. Descending Broadening Wedge Pattern target...
NASDAQ:WISH The Wish Turnaround Story Technical Analysis: Triple Bottom Fun Facts: - Delivery speeds average 8-day y/y improvement in Q1’23 - Customer order cancellation Rate dropped 56% y/y in Q1’23 - Buyer conversion rate improved by 18% y/y in Q1’23 - Customer retention rate improved by ~10% y/y in Q1’23 Financials: March 2023 Cash Balance: $379...
Are you all gone? I am still here... Summer 21 retail bought high because wish was going to the moon with 0 justification and stock +100% in 2 days with zack morris pump. February 23 retail sold low because wish was a dead company due to earnings and stock went -50% in couple of days from the citron pump. I am curious if smart money sold high and bought...
DESCRIPTION: In chart above I have included an analysis of TICKER SYMBOL WISH as per follower request. Despite it's short market history since IPO price action has seen plenty of volatility and has broken many fundamental supports and has fallen into PENNY STOCK TERRITORY. With that being said refer to FULL CHART LINK DOWN BELOW to see what I am talking about. ...
Who would have thought that? wish fighting to break 100ma at $1, oh boy I learned my lessons no doubt about that! So the main question remains: has this stock survived or is it going to 0? is it a buyout? or it's the beginning of a new chapter? We should learn this in the next 12-18 months! I am selling nada, zero,rien,0 below $5 Good luck to all, do your own...
If you check at least 3/5 on the below we might be in the right place. 1. Depressed 2. Tired 3. Stressed 4. Scared 5. Out of money to buy more I do not know about you but I have been through all of the above over the last 12 months! I made tons of mistakes no doubt about that! BUT i wIll not make the biggest one, panic sell at the bottom or in the first...
Context Logic Short Term - We look to Sell at 1.64 (stop at 1.79) A Doji style candle has been posted from the high. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 1.22 and 1.19 Resistance: 1.65 / 1.85 / 2.50 Support:...
WISH is now a shadow of the company that was rumored that Amazon offered $10 billion all-cash to buy it and Wish's CEO didn`t agree! Now its value is $1.5Bil But Investors are confident as WISH approaches its next earnings release. Analysts expect WISH to post earnings of -$0.10 per share, an year-over-year growth of 52.38%. Instead the consensus estimate is...
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 $1.27. After, we will get an ABC wave to the upper trend-line. There are two ways of interpreting the chart: 1) The wave that's about to finish...
Wish The Company Suffer From SELL-OFF WITH ALL THE GROWS STOCK Small Caps Still Have 1.2B In Cash Have A lot Short TERM Problem Hyper Grow Stock 1Billon Market Cap Something Like This P\S To Small
Results were as expected and clearly belong to the previous management team.No no point for the current team to show any improvements. As stated by the newly appointed team the real turnaround results should be visible somewhere in Q2 2022, so for Q1, I expect a Wyckoff accumulation. Retail is so depressed and tired that eventually nobody will be left except...
Wish been in downtrend for a while we might see a reverse closing 15.09$ 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
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...
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.
Wish ocd charting, a dream come true... that's my last ch-art for 2021! Happy new year to everyone
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...
NASDAQ:WISH I think there could be decent upside now. This is the idea that I am trading. #NotAFinancialAdvice #DYOR