Yes, WISH is getting cheaper for us, which is good! I don’t see the 12.10 as a breakpoint anymore, because we traded above it yesterday, and we lost the support at 11.57 today.
This tells us that WISH is pretty weak, despite the divergences seen on the RSI, and the fact it looks oversold. That’s not good, but when will we buy WISH again?
The answer: If it does a bullish candlestick in the 4h chart. Preferably if it does one after it hit the support levels at 10.37 or 9.68. The RSI could be a little bit more oversold in the 4h chart too. All of this would be great for WISH.
We are also surfing the lower band of the BB, another sign that WISH might be oversold soon. Let’s wait patiently for more signs. I’m sure it’ll give a buy soon, and I’ll be here to update you guys!
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.
This tells us that WISH is pretty weak, despite the divergences seen on the RSI, and the fact it looks oversold. That’s not good, but when will we buy WISH again?
The answer: If it does a bullish candlestick in the 4h chart. Preferably if it does one after it hit the support levels at 10.37 or 9.68. The RSI could be a little bit more oversold in the 4h chart too. All of this would be great for WISH.
We are also surfing the lower band of the BB, another sign that WISH might be oversold soon. Let’s wait patiently for more signs. I’m sure it’ll give a buy soon, and I’ll be here to update you guys!
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.
