1
Wish stock price (NASDAQ: WISH) is down by 62% on a YTD basis.
2
Contextlogic stock price hits a 52-week low at $5.37.
3
Wish Share price is in a strong downtrend.
Wish stock price (NASDAQ: WISH) was down by 62% on a basis and formed a bearish pattern. It displayed a double-top pattern and prices collapsed with a strong momentum.
Wish stock faced rejection from $10.00 and prices dropped below the 50-day EMA. It showcases positional as well as short-term trends in a downward direction. However, the prices had gone far away from the EMA so a relief rally may trigger anytime.
For the past few months, Contextlogic stock price consolidated in a wide range between $6.00 to $10.00. Buyers tried multiple times to break the higher range but got rejected. It showcases the dominance of sellers in the supply zone.
Contextlogic Inc released the previous quarter’s earnings on August 3, 2023. It reported an EPS of -2.746 and revenue of $78 Mil
We współpracy z: https://www.thecoinrepublic.com/2023/08/18/wish-stock-price-down-by-62-short-term-pullback-possible/
