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FrancescoMerlettini
Nov 24, 2021 9:17 AM
WISH - Possible a rebounce today. 1H chart RSI oversold
Long
NASDAQ:WISH
60
Description
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Nov 24, 2021 9:17 AM
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!
Trend Analysis
Chart Patterns
Technical Indicators
WISH
contextlogic
ecommerce
pennystocks
wedgebreakout
Relative Strength Index (RSI)
oversold
Comments
djimenez2020
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Nov 25, 2021 12:00 AM
Thank you for your work.
mradel18
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Nov 24, 2021 12:11 PM
France is to ban Wish... unfortunately, that may add insult to injury.
djimenez2020
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Nov 25, 2021 12:01 AM
@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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