WING
Wing Finance (WING) formed another Gartley for upto 23.50% pumpHi dear friends, hope you are well, and welcome to the new update on the Wing Finance (WING) token with US Dollar pair.
Previously we had a nice trade of WING as below:
Wing Finance (WING) formed another Gartley for up to 30% pump
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Wing Finance (WING) formed another Gartley for upto 30% pumpHi dear friends, hope you are well and welcome to the new update on the Wing Finance (WING) token.
Recently on 4th Aug, we had a nice trade of Wing:
Now on a 4-hour time frame, WING has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Wing Finance (WING) formed bullish Gartley for upto 53.50% moveHi dear friends, hope you are well and welcome to the new update on the Wing Finance (WING) token.
On a 4-hr time frame, Wing has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
UPDATE: WING UP 600% after bullish signal 🚀WING pumped 600% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
WING broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the overbought zone at 95. RSI Brown at 133. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish, as it is pointing downwards. Currently WING is way above its upper Bollinger Band, Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
Wing Finance (WING) - July 29Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(WINGUSDT 1W Chart)
It is important to be supported in the 15.22-21.71 section.
If it falls below 15.22 and finds resistance, there is a possibility that it will move towards the 9.39 area, so you need to be careful.
In order to turn into a full-fledged uptrend, the price must remain above the HA-High indicator.
Therefore, in order for the HA-High indicator to decline, there must be up-and-down volatility.
(1D chart)
If the HA-High indicator rises and holds the price above that point, we expect further upside.
The key is to find support in the 15.22-19.15 zone and move above 21.71.
If it drops from 15.22 and finds resistance,
Support: 9.39-10.70
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
Does WING's Earnings Bounce Have Legs?WING has been an interesting story in the restaurant sector over the past 7 years. Wingstop has experienced above-average growth in both top and bottom line figures over this timeframe. Let us explore why this is the case and where the stock may go from here...
Fundamentals: WING's fundamentals are nightmarish. Incredibly high levels of debt (likely why WING has been able to expand so quickly), negative stockholders equity, 17% of shares float are short, a forward P/E of 70, yoy revenue beginning to stall with current year-end revenue expectations up only 2-3% from 2021 year-end. WING's total liabilities make up more than double its total assets. The company is grossly overvalued, Wingstop's intrinsic value is roughly 35-45 dollars a share. This bounce off of earnings is unsustainable, to say the least. The company did not even post a beat, and its shares surge 20%... this move simply does not make sense.
Technicals: Long-term uptrend still intact. This will change if a move below the A trend line occurs. Currently, WING is struggling to break above the short-term bearish trend line labeled as B . A touch at 128.43 resistance and a quick retreat back to trend line B leads me to believe this is a temporary bull run in what is a longer-term downtrend for WING.
Global macro conditions: Tightening of financial conditions, supply chain woes, war, sanctions, Supply crunches in energy commodities, climate crises, hot inflation, political unrest, and sovereign default concerns intensifying -along with other factors- all play a role in a rapidly worsening macroeconomic narrative. These factors are often talked about by economists but I fear they are overlooked in cases such as these when the market rewards a weak growth stock such as WING with a massive bounce in price off of an average earnings report, all during an unprecedentedly difficult global economy.
Targets: Unclear as to when WING will significantly fall in price. I think the deterioration of financial markets over the next few years will be serious- things will get worse and stay worse for longer than expected- and companies with trash fundamentals like WING will be the first to suffer. Needless to say, I would be short WING if given an option. I see a fall to 113.92 as a short-term lock. Longer term I expect a choppy downward trade from lower support levels to lower support levels eventually forming fresh lows at the 49.89 support level. Seems like a bit of a wild prediction I'm sure, but this is what I see.
As always this is not trading advice, good luck!
WINGUSDT (WING) Daily tf Range Updated till 09-06-22WINGUSDT (WING) Daily timeframe range. another alt with a broken bottom. but it retraced back and retrace till 08 june 2022 which is over 540% from its new low. however this particular candle on 08 june tells many things. it did created a huge space in between its range space, there is a over 94% freaking wick on that candle which definitely tells its a high risk and reward alt. all tho volume is fairly low so the candle wick make sense as it didn't took much to pump and dump. rest upon depend on its fundamentals and quality of its buyers.
WING bull chart 10th of February 2022Hi guys,
WING finance seems to be testing the support at around 10$ and might breakout in the following days.
Considering it came down from 73$, even a 20-30% retracement from here on up would put the price at around 27-30$ in the near future. The 27$ zone coincides with the 0.786 Fibonacci retracement level, usually reached after such a massive selloff.
Got in at 10.50$, will double if it comes back under 8$. Target =27$.
Not financial advice, please do your own research. For educational purposes only.
wing predict for nex monthwing predict for nex month. wing have a good support in 12-14 regin. we hope that charts will be grow
WINGUSDT, We are in sensitive zone areaHello everybody
This analysis is published at the request of a friend.
If you want to learn fundamental & technical analysis from beginner to professional level send us messages in private (Our id is in profile)
According to the chart you can see the price was drop until this sensitive zone that is so important for the price and we shown that the price should have some consolidation and squeezing in these zone if it wanna move upwards.
Until the price has not change the trend to upward it can be ready to break this sensitive level but with that triangle and the movement that we shown on chart it can change the trend and we expect this happen and ready to move upwards.
In days later we update this chart for anyone that is trading in our analysis and we update target and ...
If you have any question send us messages in private
Good Luck buddy
Abtin