Long
$WISH Inverted head and shoulders pattern forming.
-Support: $11.45
-Resistance: $15.45
-Inverted Head & Shoulders forming, bullish pattern.
This near-perfect downtrend line is being tested by both bulls and bears. Coincides well with the 50dma as well. We are at a critical juncture here to see a big move, HOPEFULLY to the upside. Bulls gotta do work and bounce hard off that support. Either way, I'm confident that this stock will rise in the long run. It's an e-commerce, growth, tech stock all-in-one!
-Resistance: $15.45
-Inverted Head & Shoulders forming, bullish pattern.
This near-perfect downtrend line is being tested by both bulls and bears. Coincides well with the 50dma as well. We are at a critical juncture here to see a big move, HOPEFULLY to the upside. Bulls gotta do work and bounce hard off that support. Either way, I'm confident that this stock will rise in the long run. It's an e-commerce, growth, tech stock all-in-one!
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