Context Logic is looking in fine shape at the moment with a nice bullish technical set up. Since December 15th 2020 when the ContextLogic IPO started trading on NASDAQ we have been forming a descending wedge pattern and recently hit a potential bottom of the wedge at 6.14.
The RSI is oversold on all timelines and we have had a decline in volume since the Reddit hype earlier in June.
I have highlighted in Yellow some support/resistance areas I would like to see the price action break for WISH to rocket to the MOON!
PT: $19.45 - $20.78
THIS IS NOT FINANCIAL ADVICE
The RSI is oversold on all timelines and we have had a decline in volume since the Reddit hype earlier in June.
I have highlighted in Yellow some support/resistance areas I would like to see the price action break for WISH to rocket to the MOON!
PT: $19.45 - $20.78
THIS IS NOT FINANCIAL ADVICE