Unfortunately there is more pain comingEveryone is still holding and remains bullish about wish future. As i see it now although i previously thought that the bottom was around $4.70 i expect a last gap down movement with an rsi and macd divergence. Upcoming results will be loaded with all the "bad" numbers so the the new CFO and management can show some improvement towards the next Qs. Retail is going to give up here since most of us will have a loss of >-50% and no liquidity and conviction to add more. Unfortunately i also did a terrible mistake in timing this one and i could have got myself a really better average price. This is a lesson for the future to wait for BOLD confirmations when adding a position and also decrease position when things turn south. I still strongly believe that Wish can turn things around but it will be a very painful time period for all the holders left.
"Pain is temporary, it may last for a minute, a day , a year but eventually it will subside and something else will take it place, if we quit however it may last forever"
P.S this is not a financial advice i have no clue where the stock might go, speaking for myself i am not selling short nor adding long at the moment.
WISH
WISH NEXT LEG UPchart speaks for it self , unless its a trap in the general market, this is a perfect setup for Xmas rally , a healthy pullback to retest the breakout area
Wish indicator November breakoutWish timefib indicator - November 2021 breakout incoming with an equal measured time move
WISH upside potentialWISH 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 3.454Bil and two weeks ago it was even lower.
But the holidays are coming and all ecommerce platforms will benefit from that.
Except for Oppenheimer, who downgraded WISH to Underperform setting a price target of $4.00, the others are more optimistic: Citigroup gives a neutral rating with a price target of 7.5usd, while Credit Suisse Group targets 19usd per share.
My target is the 9.4 resistance by the end of the year.
i`m looking forward to read your opinion about it.
WISH OPTIONS NEXT WEEK - WEEKLIESAll,
I think WISH hits $13 or $15 OTM then either:
A) forms head and shoulders
B) ascending bullish tri breakout to 17 range
Obviously undervalued massively shorted for whatever dumb reason.
WISH looks like following JMIA last year movementWish is likely go above previous ATH after gaining momentem.
Recent price movement seems like big player joining as if they have insights about next ER.
Hold on tight guys, we are about to blast off.
WISH cemetary might give bagholders back their soulsit respected pretty well the fib extansions,now it is time to accumulate some with a Sl under the lows , aiming for the gaps and more , chart is begining to look nice , a catalyst is an extra
Bearish Trend for WISH Almost Complete...This will have a short squeeze one day but not until it bottoms out in the super oversold region.
WISH chart is perfect for examining Elliott Wave Extensions, which occur within impulsive structures.
Easy stock to make $$$ on if you know wave theory. My target is the green box!
I'm Expecting more downside in the short term before an uptrend...
$PBTS squeeze inbound$PBTS squeeze inbound again, short interest stacked up and volumes on the bids + crypto
Up and Chinese stocks :)
Long | WISHNASDAQ:WISH
It looks bullish, I expect 10 to 20% uptrend next week
TP1: 6
TP2: 6.5
TP3: 7
Call options 01/21/2022 Strike 7.5$
Timeframe 2 weeks
*This is my idea and could be wrong 100%
WISH Looks like SNAP during bottomJust for fun.
Blue candlesticks were copied from SNAP during its bottom in 2018 market correction.
Do you guys see any alignment?
How about this prediction for WISH up til mid January 2022?Hope cannot be achieved without imagination! Hoping to get close to the money before my expiree date on 01/21/22. I'd be lying if I didn't say that this would be a nice wish of mine I'm looking forward to, lmfao!
WISH, On the way to become a real penny stock ! WISH is going to see very low prices !
WISH has more than likely completed the small counter trend correction (from 8.81 up to 10.69 ) replying to decline from 15.18 down to 8.81. What does it mean? It means a considerable decline is on the way soon!
How far it goes down? I have to say becoming a real penny stock is completely possible !
Stochastic indicator has recently made a bearish reversal near overbought zone in daily time frame which supports the analysis.
Once, both bullish and bearish scenarios were possible. We considered both and conducted our trade smartly. Now, Bearish scenario proved itself to be the right one.
Please check out my related idea about WISH alternative bearish scenario published on July 8th . More details are provided there.
We always trade in direction of the momentum !
Wish PlanBuy below 14.50. Sell Above 19.28.
This stock could go much higher than 19.28. My first price target is +33%. My second price target is 3x.
been wrong on a recent BTCUSD post showed me am wrong here too it is still bullish the recent BTCUSD post helped me see wave A can look like the end of the correction fractal structure.
the deception is that, wave A is the end of a fractal structure but at a smaller scale. the correction fractal structure should happen at a bigger scale
when learning its very important to be both wrong and right not just right. it is during executing the learned action that you don't want to be wrong
WISHWish (NASDAQ:WISH) is a stock that could head higher from Friday's close. It is in the process of bottoming and I expect a pop above $7.75 at some point in the coming weeks.
WISH I dont know how I feel about it but Seems like a good short term play. Could do what SDC is doing. This one is all about timing.
Look at double bottom and rising RSI.
One of the most mentioned stonks on Twitter and WSB. Will it run? I'd like to see that gap fill first, holding small position.
WISH Another Squeeze Could Come SoonWe can see wish have been trading closely below the resistance line recently.
Last squeeze it did the same and was able to break the resistance.
Lets be patient and see what will happen.
