WISH levels to break

25 ביוני 2021

Wish is garnering a lot of momentum and bullish sentiment. The company is undervalued (8b mktcap), is a e-commerce giant, arguably inflation friendly, and has a large percentage short float ready to get squeezed to cover. The levels to watch going forward are 15-15.50 as it breaks above a major moving average, psychological level 20, and IPO price level 24.