Long
WISH Possible bounce from confluence of support
WISH The daily chart shows the stock has already reversed from a downtrend to an uptrend… it’s is trying to breakout to a higher level above $15, rejected twice… now retracing and finding support… it will consolidate and try to climb the $15 wall again… at current price level, it seems to be a good risk/reward trade…
Note
Hope it works out. But, the truth is no one can predict the future... so, hopefully this is a higher probability outcome...
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Disclaimer
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.