Скачать или смотреть WISH: Is ContextLogic Stock Moving Back Up?

Trading Update: $WISH

Contextlogic stock (WISH) has been rising from the its all time lows set last week. WISH stock seems to be shaking off the bad tidings of late, but will it be short lived? While there is no real WISH short Squeeze to drive the meme mania around the stock, ContextLogic seems to be consolidating and rising up from its all time lows - having clawed back over 5% in the past 2 sessions.

I believe that any true recovery for WISH stock, barring any major company news, is likely to be realised next year when they have been able to compare like for like quarters beyond the pandemic restrictions. I still believe that WISH stock is a longer term play. The company appears to be doing the right things to mature the company for normal trading conditions. The real challenge for them is if they can bring down their shipping costs and build a sustainable and loyal customer base.

Happy trading

#WISH #WISHstock #ContextLogic

The following is the link to the market insider article referenced in the video:
https://markets.businessinsider.com/n...

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