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Wishfulthinking

Wishful thinking? Context Logic Short Term - We look to Sell at 1.64 (stop at 1.79) A Doji style candle has been posted from the high. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 1.22 and 1.19 Resistance: 1.65 / 1.85 / 2.50 Support: 1.21 / 1.10 / 1.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
WShort
by Saxo
4
Inverted Hammer closeNot a financial advisor. WISH FINALLY sees a reversal candle. *Sigh of relief* Now we gotta see a confirmation *queue Jordan Peele sweating gif* 😂 I have a previous post that has much more information vs what I'm going to write here. This should be just a real brief update. Filing the gap is what I'm pretty sure most are interested on here anyways. I'm trading WISH, Short term I'm looking for $10 price target which would be a little over $9.50 100 ma on daily. I do also have a price target of $16.35 mid term. Fib. I believe a big break will happen after $7.75 (hope to gap up /halt) maybe after $8.12 hits and holds. If this does happen to halt I'm looking for this to get closer to the $15 dollar range. Would potentially look to reverse after that and maybe gain more momentum after a dip. First things first though, lets get this reversal confirmed. If we happen to explode really quick, I'm sure we will see some profit taking at 10, 12, 15. Breaking out of this long term wedge could lead to a rapid movement. Trade your plan. RSI oversold Momentum starting to pick up Bollinger bangs squeezing awaiting movement
WLong
by StofAxeCapital
3