WISH - Possible a rebounce today. 1H chart RSI oversold Long

ContextLogic Inc.NASDAQ

Descrizione

⋅ 24 nov 2021 09:17

Hi All, my main 3 take-outs from this analysis are the following:

1- The hourly chart shows RSI in oversold territory with high chances of a rebounce

2- Price might be retesting the resistence at arund 4.60$ in the next days

3- Still valid the possibility of an upward breakout of the descending wedge shown in the daily chart

Not a financial advice, just personal opinion. Do your own due diligence and good luck!

Commenti

djimenez2020

⋅ 25 nov 2021 00:00

Thank you for your work.

mradel18

⋅ 24 nov 2021 12:11

France is to ban Wish... unfortunately, that may add insult to injury.

djimenez2020

⋅ 25 nov 2021 00:01

@mradel18, Heck no...that's Bullish! France doesnt want WISH hurting their brick and mortar stores...in other words...WISH is a force to be reckoned with.

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