Again, WISH traded around the 13 area today, and it did a false breakout (when the price closes outside, but it reacts and closes above the support again). This is a buy set up.
It did break the red line and the Bollinger bands are finally spreading apart, which is amazing! Our first buy sign was around 12.10, as I said in my first analysis on WISH.
The RSI is a little overbought, yes, but we have no bearish pattern around here. It seems it’ll hit our target at 15!
One of my followers asked me, what’s the next target, if WISH breaks the 15? My answer is: 20. And after that? 30! These numbers aren’t random, and you can see them in black lines in the daily chart:
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
It did break the red line and the Bollinger bands are finally spreading apart, which is amazing! Our first buy sign was around 12.10, as I said in my first analysis on WISH.
The RSI is a little overbought, yes, but we have no bearish pattern around here. It seems it’ll hit our target at 15!
One of my followers asked me, what’s the next target, if WISH breaks the 15? My answer is: 20. And after that? 30! These numbers aren’t random, and you can see them in black lines in the daily chart:
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
