Showtime

25 abr 2022

Wish earnings is coming up on May 5 - it looks as though the company moved their earnings reporting up several days which is typically a good sign. I have been following a few others who track MAUs and app interaction as well as downloads, and all signs point to positive results from Wish Clips. I anticipate this earnings release will provide us with the first signs that the turnaround plan is working. Given the extreme bullish divergence on large scale time frames, this stock could really move if Wish was able to break even or show profitability this quarter (although I do not expect this until later this year, it is certainly still possible). With positive turnaround signs and a breakeven, we could see anywhere from $3-5s. My long term exit point continues to be the large gap fill from a few quarters back