Long
WISH Analysis
From 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.
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.
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