$WISH Bulls Bulls Anticipating Strong Reversal
WISH Bulls looking for a reversal after the stock tested higher lows first established in early June and following a move from one side of the Bollinger Bands to the other. Confirmation of the "double bottom" could set up a big move to the upside based on an ELLIOTT WAVE "C" expression with a price target above $15.23. Fundamentals (which have been improving during the recent run given numerous key bullish news developments) are about to meet "oversold" oscillators and strong Elliot Wave counts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.