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WISH

WISH is on the way to make a huge move. We never gonna miss !!WISH is clearly offering a golden opportunity to go long. Stock beautifully completed a 5 declining waves and has started a new motive wave. So far it has completed it's wave 1 of new impulse and more than likely has completed wave 1 of 3 as well and currently is making its wave 2 of 3 which may ends at proposed buy zone shown on the chart corresponding to 0.5 to 0.618 Retracement levels. What all these means? We are ready to catch a golden move ! There are some moments in the market that there should be no more hesitation and thinking. I believe that wish is offering one of those moments. But please take it into consideration that we trade based on facts not hopes and wishes. If you opened the position stick to your stop loss objectively. Wish you huge profits my friends!
WLong
by SaeedSajedi
14
Predictive Price Movement Scenario for NASDAQ:WISH w/o SqueezeUsing a BARS PATTERN approach we have came up with a price movement scenario based on past behaviors and double checked against trendlines and support resistance to come up with this PREDICTION (blue bars) of price movement for $WISH. This predictive model does not account for any potential SHORT SQUEEZE or GAMMA SQUEEZE which other experts in FINTWIT are predicting for the coming days ahead. This model shows what is likely to occur WITHOUT the pressure of a squeeze.
WLong
by Acceleron
We will have another chance to buy it soon! 🤑🤑🤑Ok, WISH hit the 13.80 as we thought it would, and it is below this level right now. That’s fine, now I see the 13 as the next support, and look at the RSI – it is starting to get oversold again! Any reversal pattern around will be a buy sign for us. And this will be perfect, because the 13 is also the 20ma in the 4h chart. The 30min and 4h charts were too overbought recently, and this pullback simply normalizes the situation. For now, we have no other buy sign, but I’ll warn you if we see one! So, keep in touch! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
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by UnknownUnicorn21312077
2
Wish - Potential 50% Returns!-ContextLogic's shares as fairly valued; it trades at a discount to its peers, but this is reasonable taking into account its lower revenue growth expectations. -ContextLogic is not the next Amazon as it focuses primarily on serving the lower-income consumer segment with unbranded products and its average delivery times are still relatively long. -At the JPMorgan's (JPM) Global Technology, Media and Communications Conference held on May 24, 2021, ContextLogic Inc calls itself "one of the largest global e-commerce platforms, connecting 100 million plus MAUs (Monthly Active Users) in 100 countries to more than 550,000 merchants." The company also highlighted at the conference that its Wish mobile application is "the #1 most downloaded shopping app 3 years in a row now." -WISH generated 72%, 8% and 20% of the company's fiscal 2020 revenue from its core marketplace, ProductBoost and logistics services, respectively. Europe, North America and South America contributed 46%, 40% and 5% of Wish's top line, respectively in FY 2020; while other international markets accounted for the remaining 9% of the company's sales last year. Our Opinion: -May bring 50% returns before dropping!
WLong
by caldooninvestment
11
H&S^2 but retail needs to give up firstWhat i like and i do not about Wish in the short-term 1. Insane volume vs market cap & free float 2. All retail has eyes on it 3. Upcoming correction in the markets? 4. 1 H&S taking place as we speak and one bigger one might take place couple of weeks from now 5. Weak hands needs to be shaken and if is there is a general market correction most of the retail on leverage will be forced to stop loss? 6. With so much publicity over the last weeks i feel confident that wish will announce better than expected user expansion on the the next quarterly results Where is i see market cap/price targets and why 1. 2021 $55 2. 2022 $110 3. 2023 $260-$280 A vast majority of people who buy things similar to what Wish sells for many years had no presence online for 2 major reasons. 1. They did not know how to shop online (how to use their phone to do that) 2. They were afraid to do so With covid however all these shoppers are NOW starting to explore the e-commerce and trust using their credit card online to make purchases, the reason why Wish showed poorer results in 2020 vs amazon for e.g is the fact that most customers that Wish really targets were not accustomed to use their phone and order online. This type of customers have 2 major advantages vs the one that shop on amazon,etsy or shopify. 1.They have lower income, therefore they are looking for maximum bargain prices and do not really care about shipping time 2.They are more prone to spontaneous purchases and this is what you get when you enter the Wish platform Looking a little into the future i want to point out the following points 1. Shoppers on EU & US will definitely have lower purchasing power over the long term! why? because right now all we can see is the formation of the new global middle class that comes mainly from ASIA ( China, Vietnam maybe India etc..) 2. Through Wish's B2C model Chinese manufacturers can really control prices as well as increase their %profit margins vs traditional shops (brick & mortar) where there was an intermediate. With Wish they can promote whatever product they want at whatever price they want and at the same time collect precious data about their customers, something that could not happen that easily up to now. 3. You might tell me well the competition is very high on low price chinese products and there are companies right now that have 10times better plan execution and fundamentals vs Wish! sure that's a thing and Wish has to do many thing in order to reach the $100b+ market cap BUT what makes Wish unique is it's platform experience and it's brand name! Let's talk again at the end of 2021 and see how this thing have played out!
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by Philoslother
1
Potential Long Setup For $WISH using Trendlines and Fibs Long Setup for Wish with Key areas it must break to run up to the target of $22.80. That price target is just before the midterm Golden Pocket Fib resistance (So good spot to take profits if it hits the target imo). $20.09 is also an important spot to watch for potential resistance and a possible pullback. But if it rips through that price point then it shouldn't have any issues hitting our $22.80 target. New to posting these ideas, so please let me know what you'd like to see more of and what I should explain better. Cheers :)
WLong
by DougCatBounce
I told you the $15 was the target! 🎯Yes, we nailed another target! Now what? WISH is correcting a little bit, and it can hit the 13.80 again. I still see it bullish, and if it drops there again, it is a buy in my opinion. A late buy, but a buy! 😉 If WISH breaks the 15 again, then we’ll see a continuation of the rally to the 20s, as we already talked about. WISH is doing great. I’ll keep you guys updated. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
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by UnknownUnicorn21312077
10
$PBTS DD $1 - $9Hello everyone, I hope you're having a great weekend so far. DISCLAIMER: I AM NOT A FINANCIAL ADVISOR. THIS IS NOT INVESTMENT ADVICE, I AM SIMPLY PASSING ALONG RESEARCH I HAVE GATHERED. BUYING/SELLING POWERBRIDGE TECHNOLOGIES ($PBTS) WOULD BE AT THE DOING OF YOUR OWN. PLEASE DO NOT INVEST BLINDLY, NOR USE THIS AS YOUR ONLY SOURCE OF INFORMATION. *** I attempted to be as informative as I could possibly be. If I missed a few details, please feel free to comment them below.*** Best of luck to you all! What you will find in this DD: Industry Background About Powerbridge Technologies History Solutions & Services Powerbridge System Solutions Powerbridge Saas Services Powerbridge BaaS Services (BLOCKCHAIN TIE) Other Core Technologies Financials Management & Board Team Why I Like It. Key Factors Final Remarks Global trade is characterized by its extended workflows with complicated compliance and logistics processes, voluminous documentation and time-consuming paper handling, cumbersome and costly peer-to-peer messaging and multiple players from different disciplines. A typical export process in China for a single shipment may involve: Industry Background Industry Background - The Belt & Road Effect in China and Globally About Powerbridge Technologies: Powerbridge Technologies - About A Nasdaq listed company (PBTS), Powerbridge is a provider of software application and technology solutions and services to corporate and government customers engaged in global trade in China. Founded in 1997, Powerbridge pioneered global trade software applications with a vision to make global trade operations easier for customers. Since inception, Powerbridge has continued to innovate and deliver solutions and services to address the changing needs of thousands of customers. Powerbridge’s mission is to make global trade easier by empowering all players in the ecosystem. History: Solutions & Services: Powerbridge System Solutions Comprehensive and robust customized solutions and packaged products that allow customers to streamline and optimize operations in regulatory compliance, trade logistics and trade financing. Trade Compliance Solutions Allow government agencies and regulatory authorities greater control and security, better use of resources, higher duty collection, faster processing time and higher compliance and logistics efficiency in servicing global trade businesses and logistics service providers. Trade Enterprise Solutions Enable global Trade businesses in diverse industries to manage business operations, simplify trade and transaction processes, streamline compliance and logistics processes, reduce document handling, minimize operational cost and increase overall productivity. Trade Loan & Insurance Services Designed to facilitate global trade loan, insurance, settlement processing services. Enables global trade businesses, financial service providers and trade insurance providers to reduce workflow complexity, processing time and operational cost while increase processing efficiency. Powerbridge SaaS Services Comprehensive and robust customized solutions and packaged products that allow customers to streamline and optimize operations in regulatory compliance, trade logistics and trade financing. Service Offerings Core Benefits Powerbridge Technologies Announces Successful Launch of its Cross-Border eCommerce SaaS Service Platform Powerbridge BaaS Services: Empower all players in the global trade ecosystem to synchronize and collaborate in unprecedented ways to increase operational efficiency and reduce trade cost across the global trade supply chain. Compliance Blockchain Services Designed to provide multiple government agencies and authorities a single view or truth of trade events and documents, allowing them to collaborate and streamline regulatory compliance activities with enhanced compliance effectiveness and operational efficiency. Supply Chain Blockchain Services Designed to provide end-to-end visibility and transparency for broad synchronization and collaboration among all business, government and service provider players in the global trade ecosystem in which the trade process is facilitated and optimized. Logistics Blockchain Services Designed to enable global trade businesses and logistics service providers to optimize cross-organizational workflows by automating contract execution, streamlining document handling and synchronizing information exchange throughout the logistic process. Trade Loan & Insurance Processing Blockchain Services Designed to enable global trade businesses easier and faster processing for loans and insurance with lower cost and faster processing and to allow financial service providers improved visibility on trade events for better and more assured decision makings that mitigate risks. Powerbridge Technologies Launches Blockchain Cross Border Compliance Platform at Nanning Customs
PLong
by HunnyMoney
WISH: I told you it was going to fly!Hello traders and investors! We nailed another target, and this time, on WISH. In our last analysis ( link below this post, if you missed), we said that if WISH trades above $ 11.92, the $ 15 is the next target. Today, it did hit our target, 14 days after my analysis. A quick swing trade. The reasons for this were quite simple: 1) The $ 11.92 was a pivot point in the 1h chart. 2) The volume was interesting. 3) The $ 15 area is a key point for WISH, as the daily chart shows: As evidenced by the black arrows, t he $ 15 area was support and resistance multiple times in the past , and it was an obvious target. The volume is quite high, and the odds are that WISH will defeat its resistance at $ 15 and seek the $ 20.11, the question is if it’ll do this with or without a pullback. What’s more, I see the $ 15 area as a neckline for a huge IH&S chart pattern. If you liked this analysis, remember to follow me to keep in touch with my free analysis, and support this idea if it helped you! Thank you very much!
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by Nathan_The_Finance_Hydra
10
Under the hood of RIG with an eye toward 7/16big brain time, fintwit... How is WISH going to deliver orders without oil and boats or whatever?! Spoiler alert: they're not. Enter: RIG (honorable mention: SHIP) At heart, I guess RIG is an oil play. As usual I'm going to spare you the deep RIG backstory and assume that you found this idea because you've already done some research of your own. There's been a lot of insider buying happening with RIG recently and it looks like the chart is in a nice pattern too. Don't forget, none of this is financial advice and I'm on my second June Shine of this Sunday afternoon. Moving on. In my perfect genius opinion, a FAVORABLE CHART + INSIDER BUYING reflects positively on the probability of RIG breaking out above 4.80 and fighting for 5.00 before the July 16 options expiry date. I threw up some options data as well, I probably won't update those numbers past today (Sunday 06/27/21), so do your own DD. Anyway, you guys are my best friends. Bye.
NYSE:RIG
by psc230
WISH AnalysisFrom a technical perspective, WISH looks good for continuation. This paired with the publicity ensued on it past few weeks equals a nice bullish set up for the future. Recent downtrend breakout on huge volume and now sitting above POC, we are looking for a move past the danger zone (Double top area). Once we break the high of the big red candle, we take flight. Levels: Entry - 15.15 Target - 17.76 May be best to buy shares since IV is high, which still makes for a 17% gain.
WLong
by TrendHero
How to proceed on WISH? 🤓This is just a consolidation. A normal movement that occurs when something did an amazing movement. It is how the market tells us that the stock is resting. There’s nothing to worry about here, and since we are above the 20ma, we are fine, and the momentum is bullish. The 20ma is a support for us here, and it seems WISH will hit it next, before it hits our first target at 15! The entry point was around 12.10, so, I believe it is impossible for us to lose money right now. We are still in a bull trend in the 4h chart, but the problem is the RSI, which is overbought. This makes a pullback more likely, but this doesn’t change our thesis! WISH is bullish, and I’m 100% sure that we’ll see pullbacks along the way, so, let’s just be prepared and be patient! I’ll keep you guys updated, as usual! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
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by UnknownUnicorn21312077
7