It looks like WISH is inside an ascending triangle, the base is the red line, and the resistance is the 12.10.
I think WISH will stay there for some tie, before it breakout – and I believe it’ll be upwards.
If WISH breaks the red line, then the 9.68 is the nest stop, and the bullish thesis won’t work anymore. But if it breaks the 12.10, it’ll rally to the 15.
We must be aware of these two points to trade WISH. Any movement inside this tringle won’t be interesting.
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.
I think WISH will stay there for some tie, before it breakout – and I believe it’ll be upwards.
If WISH breaks the red line, then the 9.68 is the nest stop, and the bullish thesis won’t work anymore. But if it breaks the 12.10, it’ll rally to the 15.
We must be aware of these two points to trade WISH. Any movement inside this tringle won’t be interesting.
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.
