The Hourly View for WISH
At the moment, WISH (Get Ratings)’s price is up $0.44 (3.59%) from the hour prior. WISH has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
WISH ranks 64th in terms of today’s price percentage change out of Retail stocks.
WISH’s Technical Outlook on the Daily Chart
Currently, WISH’s price is down $-0.38 (-2.91%) from the day prior. WISH has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows WISH’s price action over the past 90 days.
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The post ContextLogic Inc (WISH): Price Down $-0.38 (-2.91)% Over Past Day, Up $0.44 (3.59)% Over Past Hour appeared first on ETF Daily News.
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