#WISH close to a bullish reversal? Here it is why... is why...
Hi All, my main 3 take-outs from this analysis are the following:
1- Price is still moving inside the red falling wedge, finding static support in the lower red trendline
2- Strong divergence between MACD and prices, suggesting that the strenght of the sellers might have come to an end
3- In the next intraday sessions, it might be possible to see a further run up towards the 3.95-4$
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
1- Price is still moving inside the red falling wedge, finding static support in the lower red trendline
2- Strong divergence between MACD and prices, suggesting that the strenght of the sellers might have come to an end
3- In the next intraday sessions, it might be possible to see a further run up towards the 3.95-4$
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
