WISH Trade on Feb 18, 2021 11:23 from Fedism: Tradervue User Stock Trades.

When I first bought this ticker on 2-18, I did it with anticipation of it falling more. So I thought that it was a good buy R/R. Lowest point at 17.50s and highest at 32.80s from my entry at 22.66, it seemed like a 1/2 play. This is was first gave me the idea, to get WISH. I also noticed that we could also create a bullish divergence because of higher lows on the price action and lower lows on the daily Macd line. Which is still in tact 2 weeks later.

WISH Daily

Being down 3$ pershare seems terrible, but I understand that this tick will strive and move up pass my entry. I also have cushion room from the last time I scalped it. So no worries there. I just wish I realized that growth stocks would fall more, I would have been able to get a better entry. These are things I will learn to apply as time moves on though!

3-31-2021: During this correction, I had to really evaluate my thoughts and what tickers I wanted to hold long term. I realized that WISH was one of the tickers that I wanted to hold long term. Looking at it today. I think we might be running up soon. As you can see I doubled down twice, which is the max I do on any trade. I tried to make sure I would add on 2 ATR each time. In hindsight I should have waited for the double bottom test at $15, but this is where we are at with a 18.83 avg. My lowest fair value for WISH is $20, $25 fair value... SO Ideally I would love to hold my shares till $22.5. Looking at the daily, I see that WISH has broken through resistance. As long as it can hold it and break $18 I Think we will be seeing higher moves. MY time horizon for this move is 2-6 months. Most likely I will try to sell calls in order to lower my cost average. Will keep you updated!

WISH DAILY-3-31